Nearly 400 million USD imported Chinese vegetables and fruits, some of which arrived at extremely high prices in the market

Published 2024년 8월 2일

Tridge summary

In the first half of 2024, Vietnam spent nearly 400 million USD on importing fruits and vegetables from China, making up 40% of the country's total import turnover for these products. While the majority of Chinese produce is known for being inexpensive, some items are sold at remarkably high prices. An owner of an imported fruit store in Hanoi explained that expensive Chinese peaches are popular among housewives, with some varieties costing as much as European and American products. These high-end Chinese fruits are marketed as 'luxury' items and are often purchased for gift-giving, contributing to the demand despite the higher prices.

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

Original content

Our country spent nearly 400 million USD to import Chinese fruits and vegetables in the first half of this year. Notably, besides the 'dirt cheap' prices, some product lines are sold at incredibly high prices. Statistics from the General Department of Customs show that in the first half of this year, our country's fruit and vegetable import turnover reached over 1 billion USD, an increase of 14.9% over the same period last year. China is still the largest supply source for Vietnam, with nearly 400 million USD, accounting for 40% of our country's import turnover of this product group in the first 6 months of 2024. Chinese vegetables and fruits landed and were sold throughout Vietnamese markets, especially fruits. However, in addition to the "dirt cheap" product lines, some Chinese fruits are sold at incredibly high prices that housewives still find it difficult to order. Ms. Trieu Thi Thuy Tram - owner of an imported fruit store in Dai Kim (Hoang Mai, Hanoi) - said that her store ...

Source: 24h newspaper