Coronavirus hits Vietnams fruit exports to biggest market, China
Fruits exports to China in the first quarter fell 29.4 percent year-on-year as the coronavirus pandemic halted trade activities.
Farmers harvest dragon fruits in central Binh Thuan Province. Photo by VnExpress/Viet Quoc.
Exports to China, the largest buyer of Vietnamese agriculture produce, were worth $300.4 million, as containers of dragon fruit, watermelon, banana, and durian repeatedly piled up at the border due to a lack of Chinese staff to process imports, according to the Department of Farm Produce Processing and Market Development.
Trade has partially resumed, but exports still suffer due to lack of demand, it said.
Last year China accounted for 27.8 percent of Vietnam’s agriculture, forestry and seafood exports of almost $8.5 billion.
Vietnam’s overall exports in the quarter fell 10.9 percent despite sharp increases to some markets such as a Thailand and Indonesia.
Imports fell almost 30 percent to $294 million, with double-digit drops in purchases from China, Australia and Thailand.
Có thể bạn quan tâm
Bulrush cultivation offers stable income for farmers The cultivation of bồn bồn (Typha orientalis), also known as bulrush, has offered stable income for farmers in Khánh An Commune in Cà Mau Province
Potential of cooperatives in organic farming development untapped Vietnam considers organic agriculture an important potential direction in order to penetrate more deeply into the global farm produce market.
MoIT proposes to resume rice exports The Ministry of Industry and Trade (MoIT) has asked the Government to resume rice exports. However, the export volume would be limited at 800,000 tonnes
