Updated: Nov 5, 2022
Thanks to dynamic exporters like Vagrofood, many agricultural enterprises in Vietnam have successfully brought specialty fruits in Vietnamese to international customers.
According to the vision of the Vietnam Government, by 2050, Vietnam will become one of the leading agricultural countries in the world with a modern, efficient, and environmentally friendly agricultural product processing industry. Therefore, many activities of the Vietnamese agricultural sector are being promoted, especially in exports.
Recently, many wholesale fruit suppliers were established and brought the quality of Vietnamese fruit to the world. In this article, let's analyze the fruit potential of Vietnam in the near future to come up with suitable solutions for exporters and suppliers.
Development opportunities for Vietnamese fruits
Vietnam has many competitive advantages such as: custard apple, dragon fruit, custard apple, watermelon, lychee, longan, etc.
The tropical climate has brought Vietnam abundant fruits with many delicious and quality fruits, in particular, there are many unique specialty fruits that only Vietnam has. Compared to other countries in Southeast Asia, Vietnam has many competitive advantages such as: custard apple, dragon fruit, custard apple, watermelon, lychee, longan, etc.
At this time, the global market demand for fruit is forecast to increase by 8.2% per year from 2019 to 2025 and reach US$ 585.25 billion by 2025. According to statistics from the international trade center ( ITC), the world's fruit and vegetable imports in the first quarter of 2021 reached 70.1 billion USD, up 5% compared to the first quarter of 2020.
Especially, with the Vietnam Free Trade Agreement (EVFTA), vegetables and fruits are one of the agricultural products benefiting the most by 94% of the total 547 tax lines on vegetables and fruits processed from vegetables and fruits. is deleted. Those are clear proofs that the opportunities are wide open to bring Vietnamese fruits to the world market.
Potential fruit markets
According to the Vietnam Trade Office in the United States, in 2020, despite the impact of the Covid-19 epidemic, the country still imported up to 14.1 billion USD of fruit, higher than 2019. In 2021, thanks to disease control and the largest economic stimulus package ever, the US economy is clearly recovering and people's spending on food has increased. The latest statistics on June 24, 2021 recorded that the US GDP in the first quarter increased by 6.4% (compared to the pre-pandemic average of only about 3%). With this momentum, according to estimates of the US Department of Agriculture, in 2021, the value of fruit imports into the United States could reach 15.1 billion USD.
In addition, the distribution system in the United States is diversified, multi-level, multi-channel, modern, which opens up many consumption opportunities in the market. In addition, imported fruits are sold in large supermarket chains, individual food stores in commercial zones, restaurant systems, hotels and online sales channels, delivered to home. This is also an opening for Vietnamese businesses that want to enter this market, which is to access large distribution chains.
India is becoming a potential partner of Vietnamese fruit. Because nearly 60% of the people of India are vegetarians, mainly vegetables and fruits. On average, each person in India eats 3 kg of fruit in a month. In a year, the whole country of India consumes 48 million tons of fruit.
Statistics show that in the past 5 years, dragon fruit exports from Vietnam to India increased
10 times, from 1 million USD in 2015 to 10 million USD in 2020. Vietnam's dragon fruit market share increased sharply, from 26 % to 52% over the last 5 years.
China is the largest market for Vietnamese fruit exports. Recently, good news came to Vietnam's agriculture industry when China agreed to pilot the official import of Vietnamese passion fruit and durian, thereby improving the income of hundreds of thousands of farmers. Durian products have a total annual output of about 1.3 million tons.
So far, Vietnam has had 11 kinds of fruits officially exported to this world's largest market of billions of people, including mango, dragon fruit, banana, longan, lychee, watermelon, rambutan, jackfruit, mangosteen, passion fruit, and durian.
It's also a good signal for Vietnam's whole fruit and vegetable industry because the increase in officially exported fruits is the fruit industry's sustainable direction.
Fruits exported by Vagrofood
Vagrofood, the export agriculture company in Vietnam, is one of the wholesale fruit suppliers and exporters. We have an experienced team that monitors the development of fruit trees to obtain consistent results and meet international standards.
In addition, the ISO, FDA certificate, and many other food safety certifications also recognize the efforts of Vagrofood. With many farms across Vietnam, we bring a wide range of fruit production to suit your country's needs, such as dragon fruit, coconut, longan, durian, mango, jackfruit, and various tropical fruits.
This article shows that Vietnam is a bright and reliable country in exporting fruit to foreign countries. Fastidious markets such as the US, Europe, Australia, and Russia have also appeared with standard Vietnamese fruit products.
Please tell us your requirements for packaging, packaging, labels, and fruits you want to grow in your market. Vagrofood is always ready to support your demand.
Address: No. 26, N1 Street, Phu My Hiep Residential Area, Dong An Town, Tan Dong Hiep Ward, Di An City, Binh Duong Province, Vietnam.
Hotline: +84 3799 321 09