Vietnam Imports $18m Worth Of Flowers For Tết
Tết Nguyên Đán or Tết, the Vietnamese New Year, is one of the most, if not the most, important holidays in Vietnam’s culture, which is why its no surprise the country turns to many businesses, like orchid suppliers, in order to make sure the decorations are right and the festivities went smoothly.
Vietnam’s floral imports, managed to hit the total of US$18 million in the time from December 1, 2017, to January 31, 2018, for the Lunar New Year season, which is a massive increase from last year’s numbers. According to the data from the General Department of Customs, the increase from 2016-2017 to 2017-2018 clocks in at 46.8%.
The increased importation benefited a lot offloriculturists, from orchid suppliers to rose growers, but there were others who benefited more. The countries who experienced the biggest boons from Vietnam’s increased importations were the Netherlands, which experienced a 76% increase to $5 million compared to last year’s Tết celebrations, and China, which had an 80.8% increase to $3.6 million compared to last year’s figures.
For this year’s Tết celebrations, the country imported a large amount of products, which included fresh flowers and fresh ornamental plants, which amounted for 43.8% of the holiday season’s imports, at a value of $7.9 million. These included products from orchid suppliers and bonsai growers, like orchids, dumb cane plants, rhododendrons, and cedrus bonsai trees.
Out of all these imports, $3.3 millions worth of flowers and plants were imported from mainland China, with orchids amounting to a whopping total of $2 million. The imports from Taiwan and Japan, meanwhile, amounting to $2.7 million and $1 million, respectively.
Vietname imported $7.6 millions worth of flowering tuberous plants, which accounted for 42.1% of the total imports of flowers and ornamental plants.
Lilies accounted for a large chunk of imports as well, with $4.4 million worth coming from the Netherlands, $1.1 million from New Zealand, with $1 million from France.
Data from the General Department of Customs says that the imports of branch flowers actually dropped from last year’s figures, from $2.5 million to $2.4 million. Worth noting that Thailand orchid imports hit a value of $2.2 million.