Agriculture & Food

Vietnamese media reported on June 8 that Dang Phuc Yuan, secretary-general of the Vietnam Fruit and Vegetable Association, said that after Vietnam’s fruit and vegetable market share in China dropped sharply in the first five months of this year, it is expected that fruit and vegetable exports to China will continue to face difficulties.

On June 8, at the forum on "Strengthening Sustainable Development Solutions for the Production and Sales of Key Fruit Products in the South" organized by the Ministry of Agriculture and Rural Development of Vietnam, Dang Phuc Yuan, Secretary-General of the Vietnam Fruit and Vegetable Association, said that in the first five months of this year, Vietnam's fruit and vegetable exports have The amount was US$1.4 billion, down 17% year-on-year. The reason is that Vietnam’s fruit and vegetable exports to China have fallen sharply.

Except for rubber, the export of various fruits and vegetables to China has declined recently. In the first five months of this year, China imported 742,000 tons of bananas, a year-on-year increase of 10%. Among them, Vietnamese bananas accounted for 43% of the market, surpassing the Philippines' 28% market share.

Deng Fuyuan said that in the near future, China will increase its imports of Vietnamese bananas. The reason is that Vietnam is geographically closer to China than other countries. In addition, China's banana acreage has decreased due to increased input costs, land lease costs, and labor costs.