Vietnamese fresh coconuts are about to be exported to China, Thai people are worried about repeating the durian scenario

Published 2024년 7월 25일

Tridge summary

Vietnam is set to export fresh coconuts to China, potentially disrupting Thailand's billion-dollar coconut water industry. With nearly 200,000 hectares of coconut-growing land, Vietnam could earn an additional $300 million from this new market. Concurrently, Vietnam's durian exports to China have surged, reducing Thailand's market share from 95% in 2022 to 60% in early 2023. To maintain its market position, Thailand must address quality and origin issues affecting its coconut products' international reputation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Vietnam's fresh coconuts are preparing to be exported to China when the two sides have initialed the conclusion of protocol negotiations. This makes Thais fear that the billion-dollar industry will be shaken because China is the country's main export market. Can earn several hundred million more dollars from the Chinese market After the success of durian fruit, recently, leaders of the Ministry of Agriculture and Rural Development had a meeting with the General Department of Customs of China. Accordingly, the two sides agreed to soon complete procedures to sign a protocol on plant quarantine requirements for Vietnamese fresh coconuts exported to China. Currently, the two sides have initialed the conclusion of protocol negotiations. Vietnam has nearly 200,000 hectares of coconut growing land, with an output of about 2 million tons and is the 7th country in the world in producing this fruit. Growing areas are concentrated mainly in the Central Coast provinces and the Mekong Delta. ...

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