Rice exports to Turkey continue to dip sharply while vegetable and fruit exports to the market jump high, according to the Vietnam Trade Office (VTO) in Turkey.
The General Department of Vietnam Customs reported that rice exports to Turkey dropped 72.28% to US$249,000 in the first quarter of this year. It was due to the recovery of Turkey agricultural production after a year of drought.
Another key reason was that Vietnamese rice is not the taste of Turkish customers.
Meanwhile, Turkish currency – Iira – was devaluated compared to US Dollar, pushing the import price up. Furthermore, Vietnamese rice found it difficult to compete with rivals from Pakistan and India due to geographic distance.
However, the VTO said vegetable and fruit exports still obtained a robust growth of 466% to more than US$409,400 in the first quarter of this year. This was the highest growth among export items to Turkey in the reviewed period./.