The Federal Government has secured new market access to Vietnam which sees the addition of high-quality Australian plums to the existing trade for peaches and nectarines.
The development is part of a two-way agricultural market access agreement that provides Australian plums to Vietnam and Vietnamese passionfruit to Australia.
“This new market access is a significant milestone for the stone fruit industry and for the Australia-Vietnam trading relationship,” said minister for Agriculture, Fisheries and Forestry, Julie Collins MP.
“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.
Australia’s agriculture, fisheries and forestry exports to Vietnam were worth $3.7 billion in 2023-24.
The growing trade for stone fruit is set to further solidify Australia’s relationship with its 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.