Value of China's fruit imports increased by 7%

Published 2020년 6월 9일

Tridge summary

During the first quarter of 2020, China experienced a 7% increase in fruit imports, reaching a value of $3 billion, despite a 12% decrease in weight to 1.6 million tons. This paradox is attributed to the importation of more expensive fruits such as cherries and durian, which offset the volume decrease. While imports of several fruits like table grapes, bananas, and longan saw a decline, there was a notable surge in cherries, durian, pitaya, blueberries, cranberries, peaches, and nectarines. Kiwi imports also increased, especially from Italy. China's fruit exports also rose by 9%, amounting to 799 thousand tons and valued at $1.15 billion, with citrus fruits being the majority. Exports were predominantly to Vietnam, Thailand, Myanmar, Malaysia, and Indonesia.

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

Original content

According to the results of the 1st quarter of 2020, fruit imports to China grew by 7% to $ 3 billion. As noted in the Chinese Chamber of Commerce, in weight, imports decreased in annual terms by 12% to 1.6 million tons. The increase in imports in value despite the decrease in weight is explained by the import of more expensive fruits, such as cherries and durian. In January-March 2020, imports of table grapes decreased (-13% on an annualized basis; $ 240 million), bananas (-15%; $ 230 million), longan (-8%; $ 170 million) and plums (-27%; $ 100 million ) Increased purchases of cherries (+ 34%; $ 1.19 billion), durian (+ 7%; $ 220 million), pitaya (+ 77%; $ 165 million), blueberries and cranberries (+ 17%; $ 90 million), peaches and nectarines ( + 30%; $ 800 million). In addition, China imported 7.4 thousand tons of kiwi (+ 51%) in the first quarter, of which almost 79% (+ 44%; 5.9 thousand tons) came from Italy. Key fruit suppliers to China were Chile, Thailand, Vietnam, the ...

Source: Fruitnews