Exports of vegetables to Taiwan rises by nearly 70%
Illustrative Photo: Internet |
According to statistics from Taiwan Customs, this country spent US$232.9 million to import 295,500 tons of vegetables between January to September 2021, up 3.9% in volume and 13.2% in value year-on-year.
Vietnam was the largest supplier of vegetables (HS code 07) to the Taiwanese market. The imports from Vietnam accounted for 20.6% of the total imports of vegetables.
This shows that consumers in the Taiwanese market are very interested in Vietnamese vegetables, opening opportunities for businesses to export vegetables to the market in the near future.
In terms of categories, in the past nine months of 2021, Taiwan was the largest importer of cabbage, cauliflower, kohlrabi, kale and cruciferous veggies which are fresh or chilled (HS code 0704), reaching 93,900 tons, worth US$45.8 million, up 33.4% in volume and 46.3% in value over the same period in 2020.
Vietnam was the largest supplier of these products to Taiwan in the past nine months with 51,700 tons, worth US$26.4 million, up 117.8% in volume and 130% in value over the same period in 2020, accounting for 55% of the total import volume of HS 0704 codes into this market.
According to FreshPlaza.com, the water shortage from the end of 2020 to the first half of 2021 has affected Taiwan's vegetable production. The hurricane season from mid-2021 has also hampered production. The lower-than-normal domestic supply has pushed local vegetable prices to new highs.
Fruit and vegetable exports to China continue to plummet VCN - The monthly fruit and vegetables export turnover of each market in the first seven months ... |
Besides, Taiwan has the second highest density of convenience stores in the world. The rapid expansion of retail outlets in recent years has given consumers greater access to food and beverage products. In addition, the Taiwanese market has a highly developed economy, high GDP per capita and a high spending rate on food per capita.
Related News
Regulating goods across Huu Nghi International Border Gate during peak times
19:37 | 02/11/2024 Customs
Khanh Hoa Customs reaches revenue target 1 quarter early
09:29 | 31/10/2024 Customs
3 items have a big impact on the budget revenue of Ho Chi Minh City Customs
19:38 | 02/11/2024 Customs
Food enterprises build sustainable value chains
09:28 | 29/10/2024 Import-Export
Latest News
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
More News
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export
Lao Cai Customs sees a triple-digit surge in export-import turnover
10:37 | 02/11/2024 Import-Export
Coconut is expected to become a billion-dollar export item
16:40 | 01/11/2024 Import-Export
Plastic exporters interested in converting to recycling technology
16:36 | 01/11/2024 Import-Export
Logistics sector must embrace innovative trends to stay competitive
16:34 | 01/11/2024 Import-Export
Vietnam’s agro-forestry-aquatic product exports likely to set new record
16:32 | 01/11/2024 Import-Export
UKVFTA greatly benefits Vietnam-UK trade: Experts
14:19 | 31/10/2024 Import-Export
Agricultural exports likely to exceed 60 billion USD amid challenges
14:18 | 31/10/2024 Import-Export
Vietnam-Philippines trade likely to exceed 8 billion USD for first time
14:17 | 31/10/2024 Import-Export
Your care
Many factors affecting tuna exports in the last months of the year
19:38 | 02/11/2024 Import-Export
Vietnam still dominates Philippine rice import
19:36 | 02/11/2024 Import-Export
Vietnam cements ties with partners to engage in global semiconductor, AI industries
19:35 | 02/11/2024 Import-Export
Aquatic exports expected to rise in year-end despite challenges
19:33 | 02/11/2024 Import-Export
Trade Defense: The Key to Success for Vietnamese Businesses
10:39 | 02/11/2024 Import-Export