Vietnam's frozen durian waiting for official export to China

Published 2024년 7월 6일

Tridge summary

Vietnam's fruit and vegetable exports have seen a significant increase in the first half of 2024, reaching 3.43 billion USD, a 28.1% rise from the previous year. China is the primary consumer, accounting for 64.5% of the market share with 1.71 billion USD. Durian emerges as the top export product to China, with an estimated turnover of 1.5 billion USD, and there is anticipation for the export of frozen durian. Other commodities like coconut and grapefruit also show promising potential in the Chinese market. The duration of the article provides an in-depth analysis of the surging trade of durian and other tropical produce from Vietnam to China, highlighting the significant market opportunities and the efforts to enhance export efficiency and stability. The article also touches on the strategic benefits of exporting frozen durian and coconut, such as reduced logistical costs and extended shelf life, which are expected to boost exports further. Additionally, it discusses the potential of avocados and other fruits to find a foothold in the Chinese market, attributing their success to both high demand and lower competition. The article concludes by emphasizing the importance of efficient supply chain management and long-term business strategies for capitalizing on these opportunities, painting a hopeful picture for the future of agricultural trade between Vietnam and China.

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

Original content

According to statistics from the Ministry of Agriculture and Rural Development (MARD), fruit and vegetable exports in the first 6 months of the year reached 3.43 billion USD, up 28.1% over the same period in 2023. In particular, updates By the end of May 2024, China ranked first in Vietnam's fruit and vegetable consumption, accounting for 64.5% of the market share, reaching 1.71 billion USD, an increase of 33.4% over the same period last year. 2023. Expectations from frozen durian In the first 6 months of the year, durian continues to be Vietnam's strongest export product to China. According to estimates by the Vietnam Fruit and Vegetable Association, the turnover is up to 1.5 billion USD. Of which, more than 90% is fresh durian. If the protocol on exporting frozen durian is signed soon this year, export of this fruit to China will grow very strongly. During his trip to China at the end of June, Prime Minister Pham Minh Chinh proposed that the two sides soon sign a protocol, ...

Source: Vietstock