The export value of fruits and vegetables hit US$292 million in November, bringing the 11-month figure to US$3.16 billion, up 43.2% annually, according to the Ministry of Agriculture and Rural Development.
China, Japan, the US and the Republic of Korea remain major importers with respective market share of 75.6%, 3.6%, 2.9% and 2.6%. Strong growth was seen in exports to Japan (67.6%), the United Arab Emirates (56.9%) and China (52.7%).
During the month, fruits and vegetables import reached US$142 million, raising the import value in 11 months by 72.3% annually to US$1.41 billion.
The ministry also reported that orange prices further declined in the Mekong Delta to VND4,000 – 7,000 per kg, or one third of prices last year, mostly due to excessive supply. Meanwhile, durian is sold at VND130,000 – 160,000 per kg, VND20,000 – 30,000 higher than imported ones.
In late November, supply of several vegetables recovered, leading to slight decrease in prices.