Some markets ramp up imports of Vietnamese durian

Published 2024년 9월 13일

Tridge summary

Vietnam has experienced a significant increase in durian exports to several countries, including Thailand, Hong Kong, South Korea, Papua New Guinea, Japan, and Cambodia, in the first seven months of the year. Exports to China, the largest buyer, rose by 53%, contributing to 92% of total shipments. Other countries saw exports increase by at least 50%. The total export value was $1.6 billion, a 50% increase from the previous year. Vietnamese durian is noted for its high quality and availability throughout the year, and its lower price compared to durian from Thailand, Malaysia, and the Philippines has made it more competitive in the market. The recent protocol between Vietnam and China on frozen durian exports is expected to further boost exports.

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Original content

Vietnam’s durian exports to several markets like Thailand, Hong Kong and South Korea rose by double digits year-on-year in the first seven months. China remained the biggest buyer as exports rose by nearly 53% to US$1.47 billion, accounting for 92% of all shipments. Thailand was second with $65 million, up 51%, followed by Hong Kong, $19 million, up 24%. There were increases of at least 50% in exports to South Korea, Papua New Guinea, Japan, and Cambodia. Total exports were also up 50% to $1.6 billion. Ngo Tuong Vy, CEO of fruit exporter company Chanh Thu, said Vietnamese durian is more competitively priced than those from Thailand, Malaysia and the Philippines. Her company saw exports rise by 30% this year because of a decline in Thai output due to unfavorable weather. Dang Phuc Nguyen, general secretary of the Vietnam Fruits & Vegetables Association, said many ...

Source: WTOCenter