Taiwan increasingly prefers Vietnamese honey

Published 2022년 4월 3일

Tridge summary

Taiwan has seen a surge in the popularity of Vietnamese honey, with the country being the second largest exporter of honey to Taiwan in 2021, accounting for 9.72% of the market share. This is due to the competitive pricing and increasing quality of Vietnamese honey. However, the export of Vietnamese honey to the US is facing challenges due to an anti-dumping investigation initiated by the American Beekeepers Association, resulting in a preliminary tax rate of 412.49% for all Vietnamese honey export enterprises. The Ministry of Industry and Trade of Vietnam is urging honey exporters to develop a response strategy, collaborate with the DOC, and consider diversifying their export markets.

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

Original content

Ms. Oanh (Hai Duong) - a labor export worker in Taiwan said that recently, Taiwanese people love honey imported from Vietnam. In Taiwan's markets and supermarkets, Vietnamese honey is priced much more competitively than Thai products. "Even when I order from Vietnam to send it over, the price is 20% lower than products sold in this country," Ms. Oanh said. According to the Taiwan Foreign Trade Administration (BOFT), in 2021, Taiwan imported 3.93 tons of natural honey from 30 partners worldwide, with a turnover of 10.57 million USD. , an increase of 2.46% in volume over the same period in 2020. In which, Vietnam is the second largest export partner for this group of products with 382 thousand kg, accounting for 9.72% of the import market share of this island in 2021. Vietnam's honey exports to Taiwan last year last year increased 43% and 42% respectively in volume and value over the same period last year. According to export businesses, Taiwan's demand for honey is still quite ...

Source: VNExpress