Vietnamese durian wins the hearts of international visitors, creating new opportunities

Published 2024년 9월 15일

Tridge summary

Vietnamese durian exports are projected to reach a value of 3 - 3.5 billion USD in 2024, with a 50% increase in the first 7 months of the year compared to the previous year, generating nearly 1.6 billion USD. China is the leading market, with Thailand and Hong Kong also showing significant growth in imports. The country exports durian to 22 countries and is investing in increasing durian cultivation. Businesses are also exploring the potential of processing durian to increase market value and access, with a focus on expanding into markets like Korea, ASEAN, and India. Vina T&T Group expects to increase its revenue by 30% annually by exporting frozen durian to China.

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Original content

Even if frozen durian cannot be exported yet, Vietnamese durian is still expected to reach an export value of 3 - 3.5 billion USD in 2024. Figures from the General Department of Customs show that in the first 7 months of the year, Vietnamese durian exports reached nearly 1.6 billion USD, up 50% over the same period in 2023. New opportunities for Vietnamese durian China continues to be the leading market in terms of import value. Of which, fresh durian is the product that brings in the most foreign currency revenue with a value of more than 1.47 billion USD, up nearly 53%. In addition, processed durian (freeze-dried) also reached 787,000 USD, an increase of more than 351 times, this is the item with the highest growth value in the Chinese market in the first 7 months of the year. In second place is Thailand, spending 65 million USD to buy Vietnamese durian, up 51% over the same period last year. Just last year, Thailand ranked 8th, which shows that the potential of Vietnamese ...

Source: 24h newspaper