Having spent billions of dollars buying from Vietnam, Chinese traders are also looking for opportunities to grow durian in Laos

Published 2024년 11월 2일

Tridge summary

Vietnam's fruit and vegetable exports are projected to reach a record 6.4 billion USD in the first 10 months of 2024, with durian making up nearly half of the exports, bringing in over 3 billion USD. The country's durian production has seen a significant increase of 16.6% from the previous year, reaching nearly 1.2 million tons. There is also interest from Chinese agricultural product importers to penetrate the Chinese market with Lao durian, facilitated by the China-Laos Railway. However, the export of these fruits and vegetables faces competitive pressure in the market, with Vietnamese fruits struggling to maintain their position due to expansion in acreage in other countries. The Import-Export Department is emphasizing the need to highlight the unique values and qualities of Vietnamese fruits to Chinese consumers to compete in the market.

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

Original content

According to the report of the Vietnam Fruit and Vegetable Association, Vietnam's fruit and vegetable export turnover in the first 10 months of 2024 is estimated to reach 6.4 billion USD - an unprecedented figure. Of the 6.4 billion fruits and vegetables that Vietnam brings to the country, durian continues to be the largest contributor, bringing in more than 3 billion USD in 10 months, accounting for nearly 50% of total export turnover. Although the main durian season ended in October, Vietnam still has off-season goods, helping this year's durian export turnover reach the 3.5 billion USD mark - a rare number for any fruit. Meanwhile, according to the Ministry of Agriculture and Rural Development, by the end of September 2024, our country's durian output reached 984,800 tons, a sharp increase of 16.6% over the same period last year. It is estimated that the durian output for the whole year can reach over 1.2 million tons. In addition to serving domestic consumption, a large ...

Source: Danviet