Specifically, the price of Vietnamese bananas is 15-30% lower than those from Thailand and the Philippines, helping the export turnover of fruits to China reach a record high.
Original content
According to data from the China Customs Administration, in the first nine months of this year, the country spent nearly USD 20.3 billion importing fruits and vegetables from five markets, an increase of 6.2% compared to the same period last year. Thailand remains the largest exporter of fruits and vegetables to China, with USD 6.7 billion, an increase of over 10% and accounting for 33% of the total imports. However, Vietnam is rapidly narrowing the gap with Thailand, reaching USD 4.06 billion, an increase of nearly 19% compared to the same period last year - the highest level for the same period to date. Vietnam's fruit and vegetable market share in the Chinese market has increased from 17.9% to 20%, surpassing one-fifth of China's total import volume of these items. Countries such as Australia and New Zealand also saw export growth of 38.5% and 5.2%, respectively. Meanwhile, China reduced its fruit and vegetable purchases from Chile by about 7.8% compared to the same period last ...
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