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Vietnam’s Ministry of Trade and Industry predicts that Vietnam’s fruit and vegetable exports to the EU are expected to increase by 15% in 2022, reaching a total of US$200 million
.
According to the report, Vietnam is the second largest import source of fruits and vegetables to the EU in Asia, after China
.
Before the agreement came into force, Vietnam enjoyed the GSP tax rate for EU fruit and vegetable exports, but it was still as high as 10-20%
.
On August 1, 2020, the agreement came into effect, and the EU adjusted 94% of the tax items of fresh and processed fruits and vegetables to zero tariffs
.
This has become a huge competitive advantage for Vietnam over countries such as Thailand that have not signed free trade agreements with the EU
.
In terms of total volume, in the first 11 months of 2021, Vietnam’s exports of fruits and vegetables to the EU reached US$172 million, a year-on-year increase of 7.
6%, and it is expected to exceed US$193 million for the whole year
.
In terms of location, Vietnamese fruits and vegetables have been exported to 25 EU member states, mainly the Netherlands, France, Spain, Germany, Italy and Belgium
.
In terms of product types, Vietnam exports as many as 150 kinds of fruits and vegetables to the EU, with the highest export value being passion fruit, passion fruit, coconut, dragon fruit, etc.
The export of frozen fruits such as mango, pineapple, durian, and jackfruit has also increased significantly
.
.
Before the agreement came into force, Vietnam enjoyed the GSP tax rate for EU fruit and vegetable exports, but it was still as high as 10-20%
.
On August 1, 2020, the agreement came into effect, and the EU adjusted 94% of the tax items of fresh and processed fruits and vegetables to zero tariffs
.
This has become a huge competitive advantage for Vietnam over countries such as Thailand that have not signed free trade agreements with the EU
.
In terms of total volume, in the first 11 months of 2021, Vietnam’s exports of fruits and vegetables to the EU reached US$172 million, a year-on-year increase of 7.
6%, and it is expected to exceed US$193 million for the whole year
.
In terms of location, Vietnamese fruits and vegetables have been exported to 25 EU member states, mainly the Netherlands, France, Spain, Germany, Italy and Belgium
.
In terms of product types, Vietnam exports as many as 150 kinds of fruits and vegetables to the EU, with the highest export value being passion fruit, passion fruit, coconut, dragon fruit, etc.
The export of frozen fruits such as mango, pineapple, durian, and jackfruit has also increased significantly
.
According to Vietnam’s Ministry of Industry and Trade, in the next few years, thanks to the advantages of the agreement and the mitigation of the epidemic, Vietnam’s fruit and vegetable exports to the EU will continue to maintain positive growth
.
The Ministry of Industry and Trade suggested that Vietnamese fruit and vegetable enterprises should vigorously develop post-harvest preservation and deep processing technologies, and actively participate in online trade matching activities such as EU member expositions and trade fairs to further increase their market share in European fruit and vegetables
.
.
The Ministry of Industry and Trade suggested that Vietnamese fruit and vegetable enterprises should vigorously develop post-harvest preservation and deep processing technologies, and actively participate in online trade matching activities such as EU member expositions and trade fairs to further increase their market share in European fruit and vegetables
.
