Vietnam: Orders flowing in for the export of fresh coconuts to China

Published 2024년 10월 16일

Tridge summary

Vietnam is set to export fresh coconuts to China, with several companies already receiving orders. The Vietnam Coconut Association anticipates the market to make up 15% of sales for exporters like GC Food and Vina T&T Group next year. The country's coconut production is expected to generate $1.2 billion in exports this year, with $250 million coming from China. However, the competition from lower-priced Thai products means that Vietnamese exporters need to focus on pricing, packaging, and quality to gain consumer trust.

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Original content

Two months after Vietnam received approval to export fresh coconuts to China, a number of companies have got orders from that country. Businesses have been preparing to export since the green light came in August. Cao Ba Dang Khoa, general secretary of the Vietnam Coconut Association, said several large companies have signed contracts to export 30-50 containers of fresh coconuts to China, with one securing an order for 1,500. This is a positive sign for the future of Vietnamese coconuts in that market, he noted. Nguyen Van Thu, chairman of exporter GC Food, said his company is creating small sample shipments for potential Chinese buyers whom he met at international trade fairs, and hopes to export also aloe vera along with coconut. China is expected to account for 15% of its sales next year, he said. Nguyen Dinh Tung, CEO of coconut exporter Vina T&T Group, said many Chinese importers have contacted his firm to make purchases after crossing paths at recent trade fairs. It has six ...

Source: WTOCenter