Citrus fruit market in Vietnam

Earlier Report Observations

The Vietnamese citrus fruit market entered a period of sustained growth from 2018, driven primarily by the country's successful efforts to open new formal export channels to major international markets such as China, the United States, and the EU. This access created strong incentives for producers to expand cultivation and rigorously adopt international quality certifications like GlobalGAP, which in turn increased both the volume and value of domestic production available for the market.

Growth continued through the pandemic period, with investments in modern packaging and logistics helping to mitigate COVID-19 related supply chain disruptions in 2020. The subsequent surge in fruit exports, particularly to China and the U.S. in 2022 and 2023, further stimulated production capacity. At the same time, a marked shift in domestic consumer preference towards premium imported fruits led to a significant rise in imports, contributing to the overall expansion of the market's size and value.

The market's foundation was strengthened by the entry of new specialized players, such as Kirin Capital established in 2022, and continuous government support in negotiating access for more fruit varieties to demanding markets. This focus on quality control, traceability, and meeting international phytosanitary standards provided a stable platform for the industry's growth throughout the period.

Production citrus fruit in Vietnam

In kind, 2017-2020, K t

From 2017 to 2020, Vietnam maintained the 17th position globally in citrus fruit production volume.

Top producers of citrus fruit, 2017-2020

World map of production of citrus fruit, 2017-2020

Citrus fruit production in Vietnam increased for the third consecutive year. In 2020, Vietnam produced 4 186 K t of citrus fruit, marking a 14.0% improvement compared to 2019. Over the period from 2017 to 2020, production grew by 56.6%, with a compound annual growth rate (CAGR) of 16.1%.

Annual dynamics of production in Vietnam in kind, 2017-2020, K t

In value, 2017-2020, M $ US

Citrus fruit production in Vietnam increased for the second consecutive year. In 2020, the output of citrus fruit was valued at 4 716 M $ US in Vietnam, representing a substantial year-over-year increase of 23.3%. Between 2017 and 2020, production rose by 32.9%, equating to an annualized rate of 10.0%. The minimum value was recorded in 2018 at 3 512 M $ US, with the largest decline of 1.0% occurring in that same year.

Annual dynamics of production in Vietnam in value, 2017-2020, M $ US

Exports citrus fruit from Vietnam

Exports in kind, t

After a two-year decline, citrus fruit exports from Vietnam increased. In 2020, export volume reached 47 289 t, marking a 29.6% rise compared to the previous year. Over the period from 2017 to 2020, exports decreased by 42%, with a compound annual growth rate (CAGR) of 16.6%. The minimum value was recorded in 2019 at 36 500 t, and the largest decline of 36.1% occurred in 2018.

Annual dynamics of product's exports from Vietnam in kind, 2017-2020, t

From 2017 to 2020, the United Arab Emirates (28.9% of exports in kind), China (25.5% of exports in kind), and the Netherlands (18.6% of exports in kind) led the structure of exports in kind, together representing 73.1% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Vietnam in kind, 2017-2020

Exports in value, M $ US

After a two-year reduction, citrus fruit volumes leaving Vietnam increased. In 2020, exports amounted to 53.3 M $ US, up by 40.1% relative to the prior year. Between 2017 and 2020, exports decreased by 50.7%, equating to an annualized rate of 21.0%. The minimum value was recorded in 2019 at 38.0 M $ US, and the largest decline of 44.1% occurred in 2018.

Annual dynamics of product's exports from Vietnam in value, 2017-2020, M $ US

Throughout 2017 to 2020, China (30.6% of exports in value terms), the United Arab Emirates (27.2% of exports in value terms), and the Netherlands (16.9% of exports in value terms) played the leading roles in the value-based exports of citrus fruit from Vietnam, jointly accounting for 74.7% of total flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Vietnam in value, 2017-2020

Imports citrus fruit to Vietnam

Imports in kind, t

Citrus fruit shipments to Vietnam from abroad increased for the second consecutive year. In 2020, Vietnam imported approximately 36 504 t of citrus fruit, showing a notable increase of 21.7% compared to the previous year. Over the period from 2017 to 2020, imports grew by 23.5%, with a compound annual growth rate (CAGR) of 7.3%. The minimum value was recorded in 2018 at 28 983 t, and the largest decline of 1.9% occurred in that same year.

Annual dynamics of product's imports to Vietnam in kind, 2017-2020, t

From 2017 to 2020, Australia (41.6% of imports in kind), China (36.7% of imports in kind), and Egypt (14.9% of imports in kind) consistently occupied leading positions in the country structure of imports in kind, jointly accounting for 93.2% of total flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Vietnam in kind, 2017-2020

Imports in value, M $ US

After a two-year decline, Vietnam's citrus fruit import volume increased. In 2020, import volume totaled 38.0 M $ US, corresponding to a sudden rise of 49.3% year-over-year. Over the period from 2017 to 2020, imports increased by 40.6%, with a compound annual growth rate (CAGR) of 12.0%. The minimum value was recorded in 2019 at 25.5 M $ US, and the largest decline of 3.8% occurred in that same year.

Annual dynamics of product's imports to Vietnam in value, 2017-2020, M $ US

From 2017 to 2020, Australia (39.1% of imports in value terms), China (37.4% of imports in value terms), and Egypt (13.3% of imports in value terms) were the principal destinations for imports in value terms, jointly accounting for 89.7% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Vietnam in value, 2017-2020