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Fruit and vegetable exports to the Chinese market increased sharply in October 2022

Fruit and vegetable exports to the Chinese market increased sharply in October 2022

 
In October 2022, the export value of vegetables and fruits to the largest market, China, increased sharply, reaching 151.7 million USD, up 44.2% compared to October 2021.

The Import-Export Department (Ministry of Industry and Trade) quoted statistics from the General Department of Customs as saying that the export value of Vietnam's vegetables and fruits in October 2022 reached US$309.7 million, up 22.9% compared to the previous year. September 2022 and increased 28.1% compared to October 2021. Generally, in the 10 months of 2022, the export value of vegetables and fruits reached 2.75 billion USD, down 8% compared to the same period in 2021.

banana export
China increased banana imports from Vietnam in the first nine months of 2022, reaching $213.3 million, up 49.2% over the same period in 2021.

Fruit and vegetable exports have prospered in October 2022, the value of fruit and vegetable exports to the largest market, China, has increased sharply, reaching 151.7 million USD, up 44.2% compared to October. 2021. In general, the export of vegetables and fruits to the Chinese market in the first 10 months of 2022 reached 1.2 billion USD, down 25.8% compared to the same period in 2021.

The prospect of exporting vegetables and fruits to the Chinese market has many positive signs such as: Durian fruit has been exported through official channels to China since September 2022. After durian, the opportunity to export Vietnam's bananas to China is opening up when the Protocol on exporting fresh bananas was signed within the framework of the official visit to China by General Secretary Nguyen Phu Trong.

The strong shift from unofficial to official export for the Chinese market will contribute to promoting the positive growth of the fruit and vegetable industry. In addition, in the first 10 months of 2022, fruit and vegetable exports to other markets also grew well such as: the US reached 219 million USD, up 18.8% over the same period in 2021; Thailand reached 153.4 million USD, up 26.4%; Japan reached 141.3 million USD, up 6%...

The Import-Export Department also cited statistics from China's Customs Administration that China's banana imports (HS 0803) in September 2022 reached $74.3 million, up 12.5% compared to September 2021. In the first nine months of 2022, China's banana import value reached US$948.56 million, up 18.4% over the same period in 2021.

China imported the most bananas from the Philippines market, in the 9 months of 2022 reaching 375.5 million USD, up 5.9% over the same period in 2021. The proportion of bananas imported from the Philippines accounted for 39.6% of the total. import value, down 4.7 percentage points over the same period in 2021.

Notably, China increased banana imports from Vietnam in the first nine months of 2022, reaching $213.3 million, up 49.2% over the same period in 2021. Policies on agricultural leases and costs An increase in labor causes a decrease in China's banana acreage. The Panama disease also caused a sharp drop in the quality of Chinese bananas, thereby boosting the demand for banana imports from Vietnam. In addition, China also sharply increased banana imports from Cambodia, Ecuador and Laos in the nine months of 2022.

Nguyen Hanh