Vietnam’s fruit and vegetable sector will face minimal disruption from President Donald Trump’s newly announced 46 percent import tariffs, according to Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association. Nguyen has said he believes that the tariffs will not be applied to all sectors of the economy equally with Vietnam’s trade deficit in fruits and vegetables likely to lead to a lower US import tariff, The Investor is reporting. It is not clear how Nguyen reached this conclusion.
The article goes on to note that:
- Vietnam had a trade deficit with the US in fruits and vegetables in 2024, exporting US$360 million but importing just US$540 million.
- In Q1 2025, exports of fruits and vegetables to the U.S. made up 9.6 percent of Vietnam’s total fruit and vegetable exports.
- Total fruit and vegetable export value in Q1 2025 was over US$1.1 billion, down 11.3% year-on-year.
See also: Agriculture Industry in Vietnam