Last July, Vietnam exported $144.2 million value of vegetables and fruit to China, down 44.2 % year-on-year. This was the strongest decline amongst Vietnam’s high 10 export markets for vegetables and fruit, with China the most important market.
Within the first 7 months of the year, Vietnam exported $1.6 billion prices of fruit and veggies to China, down 8.1% year-on-year, in response to Vietnam Customs. China was the largest importer of Vietnamese vegetables and fruit within the seven-month interval, accounting for 70 %; however, this was down from 74.9% last year.
Whereas the export worth of vegetables and fruits to Thailand and the United Arab Emirates additionally declined, that of different main importers surged double digits.
The U.S., Vietnam’s second-largest purchaser with 3.7% share of export worth, purchased 13.6% extra vegetables and fruit, adopted by South Korea (up 13 %) and Japan (up 25.9 %).
In response to the Fruit and Vegetables Association (VinaFruit), Vietnam’s fruit and vegetable exports will proceed to go through difficulties within the last months of 2019 because of uncertainty brought on by the escalating U.S.-China commerce conflict, dampening funding and business actions.
Exports to China are unlikely to enhance because the nation is tightening its laws on fruit imports. In May, China started requiring Vietnamese merchants to supply stamps of origin, space code, and phytosanitary certificates for the fruits that they export. Vietnam exported vegetables and fruit value $2.3 billion within the first seven months of the year, a year-on-year decline of 1.8%, Vietnam Customs reported.