Vietnamese fruit exports to US market expected to grow by year end

Local fruit exports to the US are set to enjoy strong grow in both output and value moving towards the end of the year, according to business insiders, largely due to the novel coronavirus (COVID-19) pandemic being brought under control, coupled with the start of the peak season and efforts made by domestic enterprises.

Despite suffering from the negative impact caused by COVID-19 earlier in the year, fruit exports to the United States still reached more than 5,100 tonnes, representing a decline from the same period last year.

"We expect that from now to the end of the year, the quantity of the item will increase more than last year,” says Hoang Trung, director of Plant Protection Department.

Ngo Tuong Vy, deputy director of Chanh Thu Fruit Import and Export Co., Ltd., states that since the beginning of the year, the company’s output of fruit exports witnessed a surge of approximately 30% from the corresponding period last year, especially in terms of frozen durian exported to the US.

Typically, the peak season for Vietnamese fruit exports starts from October and runs to June of the following year. In addition to having durian in stock, Chanh Thu Company also prepares a number of other items such as mangoes, dragon fruit, and longans for export to the highly lucrative market, she adds.

“In general, market demand has decreased, but businesses still have to persify products, apply food standards along with ensuring post-harvest preservation. Each factor that makes a little difference is also a competitive advantage for businesses,” Vy shares.

Nguyen Dinh Tung, general director of Vina T&T, says his firm's export volume has decreased by roughly 10% in comparison to the same period last year. Vina T&T leaders are therefore anticipating that the next peak season will be able to make up for the fall in fruit exports.

“The biggest difficulty for the time being is the possibility of a prolonged pandemic that can increase the unemployment rate and reduce purchasing power. But businesses still have to invest in long-term development. A positive sign is that many markets still have a demand for Vietnamese agricultural products due to the nation's high-standard cultivation capability of agricultural products gradually improving," says Tung.

This will also mark a steady step forward in terms of the process of boosting local fruit exports in the future, along with the export of domestic agricultural products in general, he adds.

At present, the nation has six types of fresh fruit that are permitted to be exported to the US market, including dragon fruit, rambutans, longans, litchis, star apples, and mangoes. It is therefore expected that grapefruit will become the seventh fruit added to the list.

Source: VOV
vov.vn

Related News

Việt Nam, US hold 12th political, security, defence dialogue

Việt Nam, US hold 12th political, security, defence dialogue

They shared their determination to maintain cooperation in clearing mines and explosives, decontaminating dioxin, supporting war-affected people in Việt Nam.
Vietnam, US hold 12th Political, Security, Defence Dialogue

Vietnam, US hold 12th Political, Security, Defence Dialogue

The 12th Vietnam-US Political, Security and Defence Dialogue was held in Washington D.C on March 30 under the co-chair of Vietnamese Deputy Minister of Foreign Affairs Ha Kim Ngoc and US Assistant Secretary of State for Political-Military Affairs Jessica Lewis.
Exports face many difficulties

Exports face many difficulties

VCN - In the first months of 2023, the absence of export orders plus the downward trend in commodity prices have slowed down trade activities.

Latest News

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.

More News

Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Although holding the number one position in the world in exporting cashew kernels for many years, the position of Vietnam's cashew industry in the world cashew value chain is very small because it mainly exports kernels with preliminary treatment.
HCM City’s industrial production index down 0.9% in Q1

HCM City’s industrial production index down 0.9% in Q1

Ho Chi Minh City’s Index of Industrial Production (IIP) in the first quarter of 2023 declined by 0.9% compared to the same period last year, the municipal Department of Industry and Trade reported at a press conference on April 3.
Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries exports estimated at 1.85 billion USD in Q1

Fisheries export value was estimated at 1.85 billion USD in the first quarter (Q1) of this year, a fall of 27% compared to the same period last year due to lower consumption and import demand under the impacts of inflation and economic recession, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Quang Ninh aims to attract quality FDI inflows

Quang Ninh aims to attract quality FDI inflows

The northern coastal province of Quang Ninh has strengthened measures to attract quality foreign direct investment (FDI) inflows, especially from big names in the processing-manufacturing industry.
Manufacturing enterprises increase their competitiveness thanks to digital transformation

Manufacturing enterprises increase their competitiveness thanks to digital transformation

VCN - Overcoming difficulties in 2023 requires manufacturing enterprises to self-improve and innovate. Digital technology is one of the effective solutions to help manufacturing businesses grow and compete.
32nd Việt Nam Expo promises to boost business linkages

32nd Việt Nam Expo promises to boost business linkages

The 32nd Việt Nam International Exhibition (Vietnam Expo) will take place in Hà Nội from April 5-8 with the participation of more than 500 domestic and foreign enterprieses, the event’s organisers have announced.
Prevention of price risks before news that Indonesia increases rice imports in reserve

Prevention of price risks before news that Indonesia increases rice imports in reserve

VCN - In response to demand signals from key markets such as Indonesia and the Philippines, the Import-Export Department (Ministry of Industry and Trade) suggested that rice exporters actively monitor the market situation and fully assess the opportunities as well as risks to build a trading plan.
Japanese investors highly appreciate Vietnamese property market

Japanese investors highly appreciate Vietnamese property market

Representatives from around 180 Japanese businesses and investors on April 1 attended a Tokyo workshop on Vietnamese real estate, during which many of them highly appreciated the potential of Vietnam’s property market.
Seafood enterprises propose to remove obstacles from exporting to the EU

Seafood enterprises propose to remove obstacles from exporting to the EU

VCN - Seafood enterprises are facing inadequacies in applying for material certification (S/C) and food safety certificates (H/C), which affects the production and export of seafood to the EU.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Saigontex 2023 attracts over 1,300 domestic, foreign businesses

Saigontex 2023 attracts over 1,300 domestic, foreign businesses

More than 1,300 businesses from 21 countries and territories are participating in the Vietnam Textile & Garment Industry Expo (Saigontex) 2023, the leading exhibition of the industry in Southeast Asia, which opened in Ho Chi Minh City on April 5.
Mong Cai international border gate sees strong recovery

Mong Cai international border gate sees strong recovery

The Mong Cai international border gate in the northern province of Quang Ninh has become vibrant as before the pandemic, showing a positive sign in the economic recovery of Mong Cai city in particular and Quang Ninh province in general.
Vietnam a potential market for French businesses, investors: experts

Vietnam a potential market for French businesses, investors: experts

French businesses should innovate their approach, enhance their understanding of culture and language, and make changes to adapt to Vietnam's transitioning economy in order to expand their market share and boost investment in the Southeast Asian nation, said Dr. Jean-Philippe Eglinger, the founder of the Viet Phap Strategies.
Import and export turnover across Cao Bang prospers but still exists difficulties

Import and export turnover across Cao Bang prospers but still exists difficulties

VCN – After China resumes trade, Cao Bang province's import and export activities see remarkable prosperity.
Cashew industry strives to "get on the shelves of world supermarkets"

Cashew industry strives to "get on the shelves of world supermarkets"

VCN - Looking back to 2022, while the export turnover of the cashew industry reached US $ 3.08 billion, the import turnover of raw cashews consumed US $ 2.678 billion.
Mobile Version