Lychee exported to China decreased by more than half

Published Jul 29, 2024

Tridge summary

The General Department of Customs reported a significant decline in fabric export turnover in the first half of the year, with a 46% drop to 23.6 million USD. Major markets like China, Japan, and the UK saw decreases of 62%, nearly 4%, and 16%, respectively. The Vietnam Fruit and Vegetable Association attributes this decline to a sharp decrease in lychee supply due to crop failure, with 2024's output expected to be around 200,000 tons, a 50% reduction from the previous year. Major lychee-producing regions Bac Giang and Hai Duong reported significant drops in harvest, causing lychee prices to surge to record highs domestically.

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Original content

The General Department of Customs has just announced data on fabric export situation in the first half of this year, showing that the turnover reached 23.6 million USD, down 46% over the same period last year. In particular, China - the largest market for Vietnamese lychees - recorded the sharpest decrease (62%) in the top 10 import markets, followed by Japan and the UK with a decrease of nearly 4% and 4% respectively. 16%. According to the Vietnam Fruit and Vegetable Association, the main cause of this decline is that this year's lychee supply has decreased sharply due to crop failure in gardens. Reports from localities show that lychee output in 2024 will only reach about 200,000 tons, down 50% compared to the previous year. Specifically, Bac Giang harvests about 100,000 tons (down 50% compared to 2023), Hai Duong harvests about 45,000 tons (down 23%)... Mr. Le Ba Thanh, Deputy Director of the Bac Giang Department of Agriculture and Rural Development, said that in no year has ...

Source: VNExpress