Revenue from dragon fruit exports is nearly four times higher than longan and mango
Vietnamese Ambassador Pham Sanh Chau has recently urged the Indian government during a virtual seminar, “Fruits and food: New trade opportunities for Vietnam and India”, to open its market for a number of Vietnamese fruits such as longan, grapefruit, durian, and rambutan among others.
According to the General Department of Vietnam Customs, dragon fruit accounts for about a third of Vietnamese fruit and vegetable exports. Revenue from dragon fruit exports is nearly four times higher than longan and mango. So, the major push was for increasing the purchase of dragon fruit.
Based on data from India-based research firm, Mordor Intelligence, Vietnam, the production of the fruit, mainly in Binh Thuan, Long An, and Tien Giang provinces, is expected to grow at a CAGR (compounded annual growth rate) of 6 per cent, reaching 17,06,065.3 metric tons by 2025.
In Vietnam, the total area used for growing the dragon fruit is approximately 50,000 hectares with the white-flesh variety accounting for more than 95 per cent of production and the red-flesh variety for 4.5 per cent.
While both the countries affirmed their desire to increase bilateral trade in agricultural products, on his part. Ambassador Chau has said that the embassy would continue to optimise resources to facilitate trade and promptly remove difficulties for the two countries’ enterprises.
