Agricultural products of Vietnam target high-value markets

Market & Price Trends
Published Feb 27, 2024

Tridge summary

Vietnamese agricultural products, particularly durian, are in high demand in the Chinese market, despite their high prices. The import-export process in Lao Cai Province has been digitized, improving transparency and efficiency. The export of fresh agricultural products, especially durian, has seen a significant increase, with over 100,000 tons exported in 2023, valued at over $150 million. However, the high prices pose risks for traders due to the large value of the goods. Meanwhile, bananas, the main agricultural product of Lao Cai, are now officially exported, contributing to agricultural development and supply chain efficiency.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Durian price is 200,000 VND/kg Since the beginning of the year, agricultural products exported to China through Kim Thanh International Border Gate No. 2 (Lao Cai) have been maintained regularly. The functional forces work throughout Tet, without any days off to serve the trade needs between the two sides. Agricultural products produced through this border gate mainly include: Jackfruit, durian, dragon fruit, passion fruit, tapioca starch, peeled boards... "Currently, domestic agricultural products have a certain attraction to the Chinese market, especially durian which currently has a very high price. Ri6 durian costs about 150,000 VND/kg, Monthong has a price of up to 200,000 VND/kg. Prices fluctuate daily, so there are certain risks, but the export price of durian during this period shows the attractiveness of Vietnamese agricultural products to Chinese consumers," said trader Nguyen. Thi Men shared. Also according to this trader, the price of durian is high, growers benefit, ...
Source: Agriculture
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