MoIT point out vast untapped Middle Eastern market to fruit & vegetable exporters

by VTV404 May 2015 Last updated at 15:14 PM

There is a vast potential market for Vietnam's fruit and vegetable exports
There is a vast potential market for Vietnam's fruit and vegetable exports

VTV.vn - The six countries that make up the Gulf Cooperation Council (GCC) including Saudi Arabia, Kuwait, Qatar, Bahrain, the UAE, and Oman - are markets with huge potential for Vietnam's fruit and vegetable exports.

Due to the arid climate of these countries, it is practically impossible for them to grow fruit and vegetables without putting an undue burden on their already limited water supply. This, of course, means that there is a vast potential market just waiting to be tapped. To date, however, Vietnamese exports to these countries have not yet reached their true potential. Of these nations, Saudi Arabia is the largest importer of Vietnamese fruits and vegetables with sales reaching more than US$9 million, followed by the UAE at US$7.5 million. Overall, the sales of fruits and vegetables to all six GCC nations reached US$31.9 million in 2014. The MoIT also stressed that these figures are likely to increase if Vietnamese fruit and vegetable growers and processors invest more in technology and adopt marketing strategies to better meet the importers' needs.

Tags:

Top VND Exchange Rates

Auto-refesh 15m

USD

EUR

AUD
1 VND
Inverse:
0.00004
22,510.0
0.00004
25,226.0
0.00006
15,674.0

Mid-market rates: 2024-11-08 17:46 UTC