Exports fell by almost 30%

 

 

 

The COVID-19 coronavirus epidemic caused border closures and the cease of commercial activities. According to a ministerial source, fruit exports to China in the 1st quarter reached $300.4 million, a drop of 29.4% compared to the previous year.

 

 

 

Vietnam's overall exports fell by 10.9% in the quarter, despite strong increases in some markets such as Thailand and Indonesia.

 

 

 

Trade to China has resumed, but exports are still suffering from weak demand from Chinese consumers.