Vietnam: How do businesses comply and what do experts predict for the next 10 years in exporting frozen durian to China?

Published 2024년 8월 20일

Tridge summary

Vietnam has approved the export of frozen durian to China, a move expected to significantly boost the country's agricultural export earnings. The agreement was signed under the watch of General Secretary To Lam and Chinese President Xi Jinping. The Vietnamese durian industry, which exported about 500,000 tons of the fruit in 2023, primarily to China, is set to benefit greatly from this new market access. The Vietnam Fruit and Vegetable Association predicts that frozen durian exports could generate 400 - 500 million USD in 2024. The Ministry of Agriculture and Rural Development is focusing on improving durian quality and developing a traceability system to ensure success in the Chinese market.

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

Original content

On the afternoon of August 19, under the witness of General Secretary and President To Lam and General Secretary and President of China Xi Jinping, the Ministry of Agriculture and Rural Development of Vietnam and the General Administration of Customs of China (GACC) signed a Protocol allowing the export of frozen durian to China. According to experts, frozen durian, including whole durian (with shell), pureed durian (without shell) and durian pulp (without shell), is a product with great potential to contribute to agricultural export turnover. The official opening of the Chinese market for this product is expected to create great opportunities for the Vietnamese durian industry. In 2023, Vietnam exported about 500,000 tons of durian, reaching a turnover of 2.3 billion USD, of which exports to China accounted for 90%. Compared to fresh durian, frozen durian has higher added value. The Vietnam Fruit and Vegetable Association predicts that frozen durian exports could reach an export ...

Source: Danviet