Vietnam is third largest supplier of mango to RoK
VOV.VN - Vietnam has become the third largest supplier of mango to the Republic of Korea (RoK), with its market share rising in the RoK’s total imports, according to the Import-Export Department of the Ministry of Industry and Trade (MoIT).
The Import-Export Department cited statistics from the Korea International Trade Association (KITA), saying the RoK imported 23,600 tonnes of mango worth US$95 million during the past nine months of the year, up 14.7% in volume and up 8.4% in value year-on-year.
The average price of imported mango reached US$4,026.7 per tonne, marking a drop of 5.4% compared to last year’s corresponding period.
Thailand and Peru represented the two major suppliers of the fruit to the RoK market with an export volume accounting for 80.3% of the RoK’s total imports.
Vietnam has become the third largest exporter of mango to the RoK, 1,700 tonnes worth US$7.2 million, up 19.6% in volume and up 18.1% in value year on year.
Industry insiders say with the Vietnamese fruit making up just 7.3% of the RoK’s mango imports, there remains plenty of room to boost exports to the market in the near future.
In addition, as the RoK is shifting its focus to tropical fruits, there are bright prospects ahead for Vietnamese mango and passion fruit in the market moving forward.
