After failing in the Chinese market, Vietnamese dragon fruit has turned its attention to the European and American markets

Published 2024년 6월 6일

Tridge summary

Vietnam's dragon fruit exports have seen a significant decrease of nearly half since 2020, following a decline in China's imports. Despite this, exports to the United States, UK, Germany, France, Australia, and India have surged. In the first four months of 2024, exports to China fell by 19.3% to $162 million, while total exports were down by 7.5% to $230 million. The U.K. and Germany saw the largest increases in imports. The Vietnam Fruit and Vegetable Association predicts that exports will rise in the second half of the year due to uniform specifications, lower global production due to El Nino, and high prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

As a major exporter of dragon fruit, Vietnam once had a star product with an annual export value of more than 1 billion US dollars. However, since 2020, with the reduction of China's imports, Vietnam's dragon fruit exports have rapidly dropped by nearly half. In recent years, domestic dragon fruit planting has developed rapidly, and Vietnam's exports to China have also fallen sharply. According to Vietnamese customs data, in the first four months of 2024, Vietnam's dragon fruit exports to China amounted to only 162 million US dollars, a significant decrease of 19.3% from the same period last year. During the statistical period, Vietnam's total dragon fruit exports amounted to 230 million US dollars, a decrease of only 7.5% from the same period last year. While China's imports have dropped significantly, the imports of the United States, the United Kingdom, Germany, France, Australia and India have suddenly soared. Among them, Germany and the United Kingdom have the largest ...

Source: Guojiguoshu