Vietnam’s fruit, vegetable export revenue exceeds $1bn in Q1

Vietnam's fruit and vegetable export revenue hit $1.25 billion in the first three months of 2024, which is the first time the value exceeded $1 billion right in the first quarter, Vietnam News Agency reported Thursday, citing the General Department of Vietnam Customs.

 The figure has signaled a strong growth of the sector in the future, said the report.

 The product's export revenue in March alone reached $433 million, a rise of nearly 4% year-on-year, according to the department.

China, South Korea, the United States, Thailand and Japan remained the main export markets of Vietnamese fruits and vegetables.

According to the Vietnam Fruit and Vegetables Association, the country's soaring fruit and vegetable exports in the first quarter contributed to the increase of off-season durians. The surge in Thailand's consumption of Vietnamese durians made the country the fourth-largest importer of Vietnamese fruits and vegetables.

Vietnam's exports of fruit and vegetables are forecast to reach $6.5 billion this year, after setting a record of nearly $5.6 billion last year, said the Ministry of Industry and Trade.