China's import value of fruit increases in Q1 despite falling volume

Published 2020년 6월 4일

Tridge summary

China's fruit imports experienced a 12% decrease in volume to 1.61 million metric tons in the first quarter of 2020, due to the Covid-19 outbreak, but the value of these imports increased by 7% to USD 3.01 billion. Cherries led the growth in value, increasing by 34% to USD 1.19 billion, followed by peaches and nectarines, durians, dragon fruit, and blueberries. On the other hand, imports of grapes, bananas, and plums saw a decrease in both volume and value. Chile was the top fruit exporter to China during this period, followed by Thailand, Vietnam, the Philippines, and Peru, while China's fruit exports also saw a decrease in both volume and value.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

China recorded a lower volume of fruit imports during the first quarter of 2020 amid the Covid-19 outbreak, but the value of imports increased. The volume of fruit imports fell 12% yoy to 1.61 million metric tons, but the value increased 7% to USD 3.01 billion, according to figures from the China Chamber of Commerce for Food Import and Export . Cherries were the main drivers of growth in value for the period, increasing 34% to US $ 1.19bn, accounting for 40% of total fruit imports. Also contributing to the growth: peaches and nectarines, 30% more to USD 800 million; Durians, up to 7% to USD 220 million; dragon fruit, 77% more to USD $ 165 million; and blueberries 17% more to USD 90 million. There were falls in the grapes, 13% less to USD 240 million; bananas, 15% less to USD 165 million; and ...
Source: MXfruit

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