China’s lust for the world’s smelliest fruit is making people rich

Published 2024년 6월 25일

Tridge summary

Durian, the world's smelliest fruit, has become a significant economic opportunity in South-East Asia, especially after China's strong interest has led to a twelvefold increase in exports from the region to $US6.7 billion in 2021. The fruit's unique characteristics and high demand have made it a valuable commodity, with Thailand, Malaysia, and Vietnam being the primary exporters. This surge has not only brought financial benefits, with some farmers becoming millionaires, but also challenges such as land disputes and environmental concerns. The article also highlights the differences in durian processing and shipping practices between Malaysia and Thailand and the potential effects on local economies and businesses.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Before he started a company 15 years ago selling the world’s smelliest fruit, Eric Chan had a well-paying job writing code for satellites and robots. His family and friends were puzzled when he made the career change. The fruit, durian, has long been a cherished part of local cultures in South-East Asia, where it is grown in abundance. A single durian is typically the size of a rugby ball and can emit an odour so powerful that it is banned from most hotels. When Chan began his start-up in his native Malaysia, durians were cheap and often sold from the back of trucks. Then China acquired a taste for durian in a very big way. Last year, the value of durian exports from South-East Asia to China was $US6.7 billion ($10.1 billion), a twelvefold increase from $US550 million in 2017. China buys virtually all the world’s exported durians, according to United Nations data. The biggest exporting country by far is Thailand; Malaysia and Vietnam are the other top sellers. Today, businesses ...
Source: Watoday

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