AT THE BEGINNING OF THE YEAR, CHINA BUYS VIETNAMESE FRUITS, VEGETABLES; FRUITS AND VEGETABLES EXPORT ACCELERATED

03 Mon, 2021

Fruit and vegetable exports accelerated at the beginning of 2021 thanks to Chinese buying a lot. According to the Department of Agricultural Product Processing and Market Development, along with the spread of free trade agreements, the export of vegetables and fruits in 2021 is forecasted to be very "bright".

Export turnover increased

According to the statistics of the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), the export of vegetables and fruits in February 2021 is estimated at 300 million USD, bringing the value of fruit and vegetable exports in the first 2 months of 2021 to 610 million USD. increase 14.6% over the same period in 2020.

Only in January 2021, China ranked first in the fruit and vegetable export market of Vietnam with 59.1% market share, reaching 182.9 million USD, up 5.4% over the same period of last year 2020.

Carry out irradiation procedures to export dragon fruit to the US. Photo: P.V

The fact that China has increased its import of fruits from Vietnam to serve the Spring Festival is a positive signal for our country's fruit and vegetable industry.

Although still ranked first among the fruit and vegetable export markets of Vietnam, however, the proportion of exports to the Chinese market has decreased to 59.1%, from 61.7% in January. 2020.

Meanwhile, the proportion of exports to other markets, such as Thailand, the US, Japan, Taiwan ... increased. Specifically, the proportion of Vietnamese fruit exports to markets such as the US increased from 3.9% to 4.3%, Thailand from 5% to 5.2%, Taiwan market from 1.3% to 2.9% ...

Positive signals from FTAs

With positive signals from the beginning of 2021, the Department of Agricultural Product Processing and Market Development expects Vietnam's exports of vegetables and fruits to have a prosperous year, despite the complicated Covid-19 epidemic.

In particular, the world lemon market in 2020 - 2021 is forecast to continue to be affected by the Covid-19 epidemic. The US Department of Agriculture (USDA) forecasts that world lemon consumption and export in the 2020-2021 crop year will increase due to high demand.

In early 2021, Vietnam's fruit and vegetable industry boosted its export to many other great potential markets, such as Egypt, Kuwait, Ukraine, Senegal ...

It is known that Dong Giao Export Food Joint Stock Company (Doveco) has been proactively preparing items, on the one hand maintaining the old market, and on the other hand promoting exploitation of new markets.

In 2021, a Japanese partner signed a contract with Doveco to import 500 tons of processed fruits and vegetables, they assessed the good quality, and affirmed, if Doveco meets the capacity and appropriate supply method. , then in the coming years, they will import in much larger volume.

Since the Vietnam - European Union Free Trade Agreement (EVFTA) took effect, more than 94% of the total 547 tariff lines for vegetables and fruits and vegetables and products exported to the EU countries have been reduced to 0%.

This is a condition that helps many fruit products that are the strength of Vietnam such as litchi, longan, rambutan, dragon fruit, pineapple, melon ... to have more advantages to access the EU market.

Many experts believe that China is no longer an easy market when it comes to increasing quality requirements, even equivalent to standards in some other demanding markets.

Meeting these quality requirements means that Vietnamese agricultural products are confident enough to meet all the strict standards of markets such as the US, Japan, Germany ...

In addition, the Vietnam - UK Free Trade Agreement (UKFTA) promises to create a new impetus for economic and trade cooperation in the coming time. When the Agreement comes into effect, more than 94% of the total 547 tariff lines for vegetables and fruits and vegetables and products will have the tax rate of 0%.

"Many products that are the strength of Vietnam such as litchi, longan, rambutan, dragon fruit, pineapple, melon ... will have additional market access advantages, in the context of tropical fruits originating from the countries competition such as Brazil, Thailand, Malaysia ... have no FTA with the UK "- The Department of Agro-Processing and Market Development said.

Source: https://danviet.vn

Publication date: March 13, 2021.

AT THE BEGINNING OF THE YEAR, CHINA BUYS VIETNAMESE FRUITS, VEGETABLES; FRUITS AND VEGETABLES EXPORT ACCELERATED

AT THE BEGINNING OF THE YEAR, CHINA BUYS VIETNAMESE FRUITS, VEGETABLES; FRUITS AND VEGETABLES EXPORT ACCELERATED

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