Vietnam is a rapidly growing economy with a population of 100 million . In this rapid economic growth, the country's annual import figures are growing as fast as its economy.
Vietnam's import figure, which was only 16 billion dollars in 2001, increased to 253 billion dollars in 2019. Within this figure, the import figure of Vietnam's food and agricultural products is 22 billion dollars.
The free trade agreement between the European Union and Vietnam, which entered into force in 2020, offers new commercial opportunities to exporting companies in the EU. Under this agreement, imports from the EU to Vietnam are expected to increase by €8.3 billion annually.
For example, Vietnam imported 300 million dollars worth of onions in 2019, and 97% of this import, that is, almost all of it, was made only from China .
In 2020, Vietnam imported 500 million dollars worth of apples from the global market. Such imports are valid for many different products.
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Today, Vietnam has become a profitable market for countries that export agricultural products, and countries have entered into serious competition with each other to get a share from this economically growing market.
The Vietnamese market, which is large and profitable in terms of agricultural products, is an important market among agricultural products exporters in Turkey, and we believe that our exporters should be in this market with their products.