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Austria a promising market for Vietnamese fruits

Importing 1.2 billion EUR (1.31 billion USD) worth of fruits every year, Austria is a promising market for Vietnam, authorities held.

It is one of the first western countries to set up diplomatic relations with Vietnam in 1972. In 2021, two-way trade reached 3.35 billion USD, up 5.55% year on year. Last year, due to impacts of the Covid-19 pandemic, the figure dropped 16.7% to 2.79 billion USD.

Austria, promising market, Vietnamese fruits, two-way trade, diplomatic relations, total fruit imports

Lychee processing for export.

According to the Vietnam Trade Office in Austria, Vietnam exported 6.8 million EUR worth of fruits to Austria last year, accounting for 0.5% of the country’s total fruit imports.

It said that due to short expiry period, it is difficult to export Vietnamese fresh fruits to Austria with a large quantity. Meanwhile, Vietnam has seen fierce competition from many countries like Thailand, China, and Cambodia.

The office recently supported the sale of Vietnamese fresh litchi at Asian shops in the European country, while working to bring more fruits to supermarkets in the country, and coordinating with businesses to popularise Vietnamese fruits to local consumers.

It advised exporters to show more documents proving the quality, food safety and origin of their products to gain outstanding advantages.

The office underlined the need for exporters to satisfy all requirements in environment and food safety, while seeking best preservation and transport solutions to ensure the freshness of exported fruits.

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The export of Vietnamese fruits and vegetables is expected to continue to soar, considering a growth of 39% since early this year and strong increases in China's purchases.
 
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Fruit and vegetable export turnover rose 29% year-on-year to $1.9 billion in the first five months of this year, according to the Vietnam Fruit Association.
 
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As one of the few sectors reporting export turnover increase in the first quarter of 2023, Vietnam's vegetable and fruit sector has a bright outlook to earn $4 billion in export revenue this year.
 
The export of bananas, durians, and jackfruit from Vietnam to China and Laos surged in the first four months of the year.
 

Source: VNA

Austria, promising market, Vietnamese fruits, two-way trade, diplomatic relations, total fruit imports
 
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