Opportunity for Vietnam's coconut exports to the US and China

Published 2023년 11월 19일

Tridge summary

Vietnamese coconut growers and businesses are looking to expand production to meet increasing domestic and international demand. The US market is the second largest coconut importer in the world, and Vietnamese companies are aiming to increase their exports to the country. Additionally, Vietnamese producers are hoping to export their coconuts to the Chinese market, as the General Administration of Customs of China is considering endorsing the import of Vietnamese fresh coconut.

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

Original content

ABO/NDO- Vietnamese coconut growers and businesses are excited to expand production to meet the domestic and foreign demand which is expected to increase in the coming time. Bui Duong Thuat, Director of the Mekong Fruit Export Ltd.Co in Chau Thanh district, the southern province of Ben Tre, said that the US market is the second-biggest coconut importer in the world, just after China as it imports approximately 2,000 containers of fresh coconut yearly. Meanwhile, Vietnamese companies export between 110 and 120 containers of fresh coconuts to the US a year. Therefore, there remains room for Vietnamese coconut in the market. Moreover, the General Administration of Customs of China is inspecting cultivation areas to endorse a protocol authorizing the official import of Vietnamese fresh coconut to the market of over 1 billion people, Thuat said, hoping that Vietnam's fresh coconut will be exported to China soon. To seize the opportunity, he said his company planned to cooperate with ...

Source: Baoapbac