Vietnam has earned $515 million in revenue from exporting vegetables and fruit to become the fifth largest exporter in the world.

In 2011, Vietnam’s vegetables and fruit exports have increased by 40.6 percent compared to last year due to the growing consumer demand in the Asian market, especially from China, Japan, Indonesia and the Republic of Korea, according to the Vietnam Vegetables and Fruit Association.

In the first 11 months of the year, Vietnam’s export earnings from China reached $114.5 million (up 119.6 percent), $51.2 million from Japan, $30.9 million from Indonesia, $24.9 million from Holland, $17.5 million from the Republic of Korea and $10.6 million from Malaysia.

Vietnam’s most favourite products are condensed fruit juice, canned fruit, sweet corn and lychee. Recently, Japan has placed orders for fresh lychee and sweet corn and the Republic of Korea also has a plan to import chili and potatoes from Vietnam next year.