As part of the agreement, Vietnamese passion fruit will also gain access to the Australian market, according to a joint statement released on September 10.
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During 2023-24, Vietnam’s plum imports soared by 132 per cent, offering an opportunity for Australian producers to tap into this rapidly growing market.
Australia’s agriculture, fisheries, and forestry exports to Vietnam were worth $3.7 billion during 2023-2024, with growing trade for stone fruit to further solidify the relationship with Australia's sixth-largest export market.
This outcome supports the agricultural industry's aim to grow towards becoming a $100 billion sector, and the Australian horticultural sector's aim to become a $20 billion business by 2030.
The next pairing on the trade agenda are Australian blueberries and Vietnamese pomelos, with negotiations well underway.
Vietnam is a key diversification market for Australian exporters and focus of Invested: Australia's Southeast Asia Strategy to 2040.
Julie Collins, Australian Minister for Agriculture, Fisheries, and Forestry, said, “This new market access is a significant milestone for the stone fruit industry and for the Australia-Vietnam trading relationship. Accelerating mutual market access outcomes is a reflection of Australia and Vietnam's strong bilateral relationship and drive to support our agriculture industries to capitalise on export opportunities."
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