What were the results of fruit and vegetable exports in the first ten months of the year?
Our preliminary estimates show that fruit and vegetable exports in October earned over $699 million in revenue, a year-on-year increase of 126.2 per cent.
This figure brings the total in the first ten months to over $4.9 billion, up 78.4 per cent year-on-year.
Exports of durian have seen breakthrough results. What do you think about these exports?
After Vietnam and China signed a protocol on durian exports, shipments to Vietnam’s northern neighbor have increased sharply.
China Customs licensed an additional 230 codes for durian farming areas and packaging establishments this year, bringing the total to 343. This will strongly promote durian exports to the market.
Export value has increased remarkably, from $29.2 million in 2016 to $420 million in 2022.
In the first ten months of this year durian exports earned $1.82 billion, and are expected to exceed $2 billion for the year as a whole.
All of these factors, together with the opening of new markets, make Vietnam capable of earning $3.5 billion from durian exports in the time to come.
What is your forecast for fruit and vegetable exports in 2023?
An estimated 4 million tons of fruit and vegetables will be harvested and supplied to the market in the fourth quarter of this year. It is therefore expected that fruit and vegetable exports could earn $600-800 million in the final two months of the year.
This would bring total fruit and vegetable exports to $5.5-5.8 billion in 2023.