The Agro Processing and Market Development Authority (Agrotrade) states that Vietnamese mango export turnover endured a drop of 9% to US$180.8 million last year in comparison to 2019, with this fall largely being caused by the impact of the novel coronavirus (COVID-19) pandemic interrupting the flow of goods globally.
At present, China remains the largest consumer of local mangoes, with turnover reaching US$151.8 million, thereby making up 83.95% of the nation’s total export turnover, followed by Russia, Papua New Guinea, the United States, the Republic of Korea (RoK), the EU, Japan, and Hong Kong (China).
Most notably, several demanding markets, including the US, the RoK, and Australia have moved to increase their import of Vietnamese mangoes.
According to statistics released by the Ministry of Industry and Trade, the nation represents the 14th largest mango supplier to the US with export volume increasing sharply to 2,100 tonnes worth US$4.61 million, marking a rise of 66% in volume and 70.1% in value compared to 2019.
Furthermore, the average import price from the country remains relatively high at US$2.2 per kilo, representing an increase of 2.5% compared to figures from 2019. Despite this growth, the market share of local mangoes continues to remain low, accounting for only 0.3% of the US’ total mango imports, with fresh and frozen mangoes proving to be popular export items.
Moreover, the nation ranks fourth among the largest mango suppliers to the RoK, making up 6.2% of their total mango imports.
At present, Vietnamese mangoes enjoy plenty of advantages in terms of being granted licenses to export to the US and Australia markets due to the use of 30-day storage technology. This is along with benefits gained from numerous free trade agreements which are anticipated to help the country enjoy easier access to both regional and global markets.
Experts have therefore underscored the importance of the development of value chains by strengthening connectivity among producers, buyers, and export businesses, along with processing and packaging stages, in line with the stringent regulations set out by foreign importers.
Moving forward, the Ministry of Agriculture and Rural Development has also recommended that localities continue to register mango-growing areas whilst issuing codes of farming zones, and apply competent agricultural practices in production.