Eight markets increase purchases of Vietnamese durian

Published 2024년 10월 29일

Tridge summary

Vietnamese durian exports have seen a significant increase of 63% in the first 9 months of the year, reaching over 2.8 billion USD, primarily due to a surge in demand from China, which accounts for 92% of the total exports. The rise in exports is also attributed to Thailand's decreased durian production and the high product quality, competitive pricing, and efficient shipping times offered by Vietnamese businesses. Other markets like Papua New Guinea and Cambodia have also shown a notable increase in imports. The recent signing of a protocol between Vietnam and China to export frozen durian further bolsters the potential for the industry's growth, with an anticipated total export turnover of 3.7 billion USD by year-end.

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

Original content

Data recently released by customs shows that in the first 9 months of the year, durian exports reached more than 2.8 billion USD, an increase of 63% over the same period in 2023, the highest level ever. Of the 10 markets importing Vietnamese durian, 8 places recorded strong growth. China led with a turnover of 2.6 billion USD, accounting for 92% of total durian exports, up 65% over the same period in 2023. Thailand ranked second with 133 million USD, up 85% and Hong Kong ranked third with 23 million USD, up 17%. Other markets such as Papua New Guinea, Taiwan, Japan, South Korea and Cambodia also increased from 22% to 16 times compared to last year, of which Papua New Guinea and Cambodia increased the most, 2.6 and 16 times respectively. Explaining the reasons for the sharp increase in durian export turnover, businesses said that first of all, it was due to improved product quality, competitive prices and short shipping time to China. In addition, Thailand's durian output ...

Source: AgroInfo.vn