Fruit, vegetable exports hit US$1.38 billion in five months
Fruit and vegetable exports earned an estimated US$1.38 billion in the first five months of 2017, up 38% from the same period last year.
According to the Ministry of Agriculture and Rural Development, the sector exported US$344 million worth of these products in May.
The top four importers of Vietnamese goods were China, the US, Japan and the Republic of Korea that accounted for 83.8% of the total value of fruit and vegetables.
Markets seeing an increase in imports of Vietnamese fruit and vegetables included the United Arab Emirates (2.1 times), Russia (76.3%), Japan (51.2%), and China (36.8%).
In the January-May period, Vietnam imported US$470 million worth of fruit and vegetables, up 68.6 percent year on year. The vegetable import was estimated at US$100 million, up 49% from 2016, while the imported fruit value was US$353 million, up 75%.
According to the Ministry, in the domestic market, early Thanh Ha lychees were sold in Hanoi at the price up to VND50,000 (US$2.2) per kg, an increase of around 10% year on year.
Prices of avocado in the Central Highlands province of Dak Lak also surged between 15-20% from the same period last year.
Prices of vegetables in Lam Dong are likely to increase because of shortage of supply.