Dragon Fruit Info
Fruit and vegetable exports plummet over nine months
September alone witnessed fruit and vegetable exports reach US$250 million, representing a decline of 9.4% from August, and a 7.2% drop in comparison to the same period from last year.
In August, dragon fruits enjoyed the strongest export growth among various types of fruit, with its value accounting for 51.8% of total fruit exports.
Most notably, dragon fruit exports to the Chinese market saw a surge of 7.0% to US$127.4 million from August of last year, representing 95% of the total export value.
Moreover, the enforcement of the EU-Vietnam Free Trade Agreement (EVFTA) is anticipated to enhance the competitive edge of local firms in comparison to regional rivals such as Thailand, the Philippines, and Malaysia, in addition to South American countries such as Peru and Ecuador.
According to statistics released by the International Trade Center (ITC), Thailand imported 210,200 tonnes of fresh coconuts worth US$76.4 million during the initial seven months of the year, representing an increase of 299.5% in volume and 592.8% in value against the same period last year.
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