Fruit and vegetable exports declined in January
Vietnam
Tuesday 03 March 2020
FJ
The performance of Vietnamese exports is impacted by the drop in Chinese demand (Photo: vna).
Vietnam has just registered a drop in its exports of fruit and vegetables. This decrease is attributed to restrictive measures taken by China due to COVID-19.
Fruit and vegetable exports totaled $280 million in January, down by 20.6% year-on-year, according to the General Customs Department of Vietnam. This decline was attributed to the temporary closure of border posts due to the appearance of COVID-19.
The ministry suggested that the sector should adjust production activities and seek to boost exports to other markets such as the United States, Europe, Japan and Australia.
Last year, fruit and vegetable exports reached $3.8 billion. This year, according to VINAFRUIT (Vietnam Fruit and Vegetable Association) the sector is targeting $5 billion in exports thanks to new generation free trade agreements. Customs duties will drop to zero, which will contribute to a significant increase in sales. In addition, a large quantity of fruits and vegetables is now grown according to VietGAP and GlobalGAP standards to meet the requirements of selective markets.
source : en.vietnamplus.vn