Taiwan and South Korea

Taiwan and South Korea have become important markets for Vietnam’s exporting fruit and vegetables in recent years. Taiwan is the second largest importer of Vietnamese fruit and vegetables, purchasing US$ 20.8 million in 2000. This represents about 10 percent of Vietnamese fruit and vegetable exports. In the same year, South Korea imported US$ 13.7 million or 6 percent of the total. These markets are favored by the relatively short distance, low transportation cost, and high standards of living which imply significant demand for fruit and vegetables. In some cases, these markets import for re- exporting. It is estimated that the fruit and vegetable export turnover to these markets can reach US$ 100- 120 million by 2010.