Vietnam’s durian exports are expected to see a boom in the time ahead when the durian harvest season reaches its peak, according to the Ministry of Agriculture and Rural Development.
Vietnam’s durian exports are expected to see a boom in the time ahead. (Photo: VNA)
Hanoi (VNA) – Vietnam’s durian exports areexpected to see a boom in the time ahead when the durian harvest season reaches itspeak, according to the Ministry of Agriculture and Rural Development.
In the first three months of this year when the maindurian season had yet to come, export of the fruit still grew sharply, making up 16% ofthe country’s fruit and vegetable export revenue, the ministry said.
Customs statistics show that in the first quarter,Vietnam earned 153 million USD from durian exports, up more than 8.3 times fromthe corresponding time last year, with China accounting for up to 87% of themarket share, hitting nearly 134 million USD in turnover.
Vietnam is likely to earn 1 billion USD from durian exports this year. (Photo: VNA)
The neighbouring country was also the biggest buyer of Vietnam’s fruit and vegetable in the reviewed period with 41%. Apart from durianand dragon fruit, it imported large amounts of Vietnamese banana, jackfruitand mango.
Vietnam’s vegetable and fruit exports are predicted tocontinue growing strongly in the second quarter and the whole year to reachyearly revenue of 4 billion USD, up 20% from 2022.
Notably, the country is likely to earn 1 billion USDfrom durian exports this year./.
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