Cambodia spends 23 times more money to buy 'king fruit' from Vietnam

Published Aug 1, 2024

Tridge summary

Vietnam's fruit and vegetable exports reached 3.8 billion USD by the end of July, marking a 24.3% increase from the previous year, with durian exports playing a significant role. Durian exports alone amounted to 1.32 billion USD in the first half of the year, a 45% increase, primarily driven by demand from China. The export turnover of durian is expected to rise further as the Central Highlands region begins its harvest season. Additionally, Vietnam and China are finalizing a frozen durian export protocol, which could significantly boost future earnings.

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

Original content

The latest report from the Ministry of Agriculture and Rural Development shows that by the end of July this year, fruit and vegetable exports earned 3.8 billion USD, a sharp increase of 24.3% over the same period last year. This Vietnamese strength is forecast to reach 7 billion USD in export turnover this year. Because, durian - the "king of fruit" of our country - is entering the main harvest season with large output for export. Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said that durian - the main product of the fruit and vegetable group - is creating a position with cheap prices, freshness, and fast shipping times. In particular, from July to October, durian output will increase when the Central Highlands region enters the harvest season. This fruit is increasingly asserting its position in the Chinese market, popular with consumers. Therefore, export turnover maintains a strong increase. Statistics from the General Department of ...

Source: Vietstock