Vietnam’s Coconut Export to Reach USD1 Billion in 2025

Vietnam’s coconut export are expected to reach USD1.0 billion in 2025 after the US and China agree to allow Vietnamese coconuts to enter the two markets, according to President of Vietnam Coconut Association Nguyen Thi Kim Thanh, reported by the Bernama-VNA on September 07.  
As the US is about to open the market for Vietnamese coconuts and China allows official coconut import, local businesses are trying to develop  raw materials areas, apply for growing areas codes, and register to build organic material zones to meet the needs of the world market, the report said quoting the official.
“At the end of 2022, coconut export turnover was over USD700 million.  But based on the momentum of the US and China agreeing to import Vietnamese coconuts, around the end of 2024 and earlier 2025, coconut export turnover will be up to USD1.0 billion,” Thanh said.  According to Thanh, about 20 large enterprises in the country have exported coconuts to the world.  Up to 35 countries and territories are Vietnamese importers.