Exports of Thai durian to China in Q1 jumped 14%

Published 2021년 5월 4일

Tridge summary

The Department of International Trade Negotiations has reported that Thailand remains the world's leading durian exporter, with China being its primary market. In the first quarter of 2021, fresh durian exports to China saw a 14% increase compared to the same period in 2020, amounting to $186 million and accounting for 88% of Thailand's total fresh durian exports. This growth is largely due to the tariff exemption on fresh durian imports under the ASEAN-China Free Trade Agreement (FTA). Currently, Thai fresh durian is tariff-free in 17 countries, and with the Regional Economic Partnership Agreement (RCEP), South Korea may further reduce tariffs. The department also emphasizes the potential of processed durian products and the importance of maintaining product quality and standards, particularly with a growing market preference for organic produce.

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

Original content

Mrs. Oramon Supthawetham Director-General of the Department of International Trade Negotiations revealed that the Department has tracked Thai durian export statistics in the first quarter of 2021 (January - March) found that the king of fruits of Thailand is still fragrant. And has been the most popular Thailand continues to be the world's No. 1 durian exporter and the number 1 market share in China, with Thailand exporting fresh durian to China worth US $ 186 million, an increase of 14% compared to the same period of 2020. It accounts for 88% of Thailand's total fresh durian exports, followed by Hong Kong ($ 14 million) and Vietnam ($ 10 million). The reason why Thai durian exports to China have continued to expand since 2003 because China began exempting fresh durian import tariffs to Thailand under the ASEAN-China Free Trade Agreement (FTA), Thai durian has potential. Competitive Until now, it is able to occupy the number one market share in China. However, if we compare ...

Source: Ththansettakij