Vietnam is known for its rich agricultural industry, producing a variety of fruits and vegetables that are exported all over the world. One of the most popular fruits in Vietnam is durian, known for its unique taste and strong odor. In recent years, Vietnam has seen a significant increase in durian production and export, with projections showing even more growth in the coming years. In this article, let’s see current state of Vietnam’s durian export industry and what we can expect in 2023.
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The Impact of COVID-19
The COVID-19 pandemic has had a significant impact on global trade and Vietnam’s durian export industry is no exception. In 2020, Vietnam’s durian export saw a slight decrease due to disruptions in supply chains and a decrease in demand from importing countries. However, as the world begins to recover from the pandemic, Vietnam’s durian export is expected to bounce back and continue its upward trend.
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Projections for 2023
Express predict that Vietnam’s durian export will continue to grow in the coming years, with a projected export value of over $1 billion by 2023. This growth can be attributed to several factors, including the increasing demand for durian in China and other Asian countries, as well as the government’s efforts to promote and support the durian industry. The Vietnamese government has implemented policies to improve the quality and safety of durian production, making it more attractive to international buyers.
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Challenges and Opportunities