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China remains largest buyer of Vietnam's farm produce
Thursday,  8/9/2018, 16:53 

China remains largest buyer of Vietnam's farm produce

The Saigon Times Daily

Litchis are seen at a market in the northern district of Luc Ngan. China remains largest importer of Vietnam's farm produce – PHOTO: TTXVN

HCMC - Mainland China was the largest importer of Vietnamese fruits and vegetables in the first half of the year, accounting for 74% of the country’s total farm produce shipment equivalent to US$1.47 billion, up by 18% year-on-year, reported the local media.

A report issued by the Agro Processing and Market Development Authority under the Ministry of Agriculture and Rural Development shows that local farm produce exports generated an estimated US$2.3 billion during the first seven months of 2018, rising by 12.6% against last year’s figure. Apart from China, some other countries saw a surge in the volume of fruits and vegetables imported from Vietnam, including Thailand (37.6%), South Korea (16.7%), the United States (15.9%) and Malaysia (12.9%).

During the first half of 2018, the export turnover of fruits and vegetables grew remarkably, according to the Import and Export Department under the Ministry of Industry and Trade, and the General Department of Vietnam Customs.

Vietnam also shipped 90.7% of the total volume of fresh and dried litchis from the 2018 crop to China, estimated at more than 83,500 tons, worth nearly US$33.9 million, surging by 151% in quantity and 91% in value year-on-year, according to the statistics from Vietnam Customs announced on Wednesday, as reported by the local media.

Vietnamese litchis this year have been exported to 27 countries compared with 19 countries last year. In addition, statistics indicate that the number of local litchi exporters has doubled from 44 enterprises in 2017 to 97 enterprises this year.

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