Fri, 22nd Sep 2023 08:36 (GMT +7)

Vietnam’s organic exports reach 335 million USD

Tuesday, 19/09/2023 | 18:15:00 [GMT +7] A  A

Vietnam’s annual organic exports are estimated at 335 million USD, which is much lower than its potential in organic agriculture development.

Organic products on display at the event.

The figure was released at an event on September 19 to kick off activities in response to the Vietnam Organic Day jointly held by the Vietnam Organic Agriculture Association (VOAA) and the Ho Chi Minh City Department of Agriculture and Rural Development.

According to VOAA Chairman Ha Phuc Mich, the area of organic farming in Vietnam is estimated at 119,100 hectares, accounting for 0.5% of total agricultural land.

Vietnam has set a target to raise the proportion of organic farming land to 2.5-3% by 2030 and the value of organic products by 1.5-1.8 times that of ordinary agricultural products.

Currently, Vietnam has more than 7,300 farmers engaged in organic farming and 60 distributors and exporters of organic products. Vietnam ranks 3rd in ASEAN and 7th in Asia in terms of organic land.

However, such results have remained modest compared to the country’s potential. Vietnam’s organic exports are estimated at 335 million USD, while the global organic value was 183 billion USD in 2022.

Furthermore, the link between farmers and enterprises is weak while the production costs of organic farming are much higher than conventional agriculture.

Therefore, enterprises must share the input costs, provide technical support and ensure the sale of organic products to help farmers overcome the above challenges.

In the future, the VOAA will step up assistance, training, consultation, connectivity and communication to create a sustainable organic community and enhance the trust of consumers.

Source: NDO