Vietnamese fresh coconuts are competitive in China

Published Sep 16, 2024

Tridge summary

The article highlights the significant demand for fresh coconuts in the Chinese market, with imports reaching 872 thousand tons in 2022 and projected to increase to 1.18 million tons in 2023. Currently, Thailand is the primary supplier, but the quality of coconuts varies, leading to consumer dissatisfaction. The Vietnam Coconut Association sees a potential opportunity for Vietnamese coconuts, which are preferred for their taste and size, to meet China's demand. The protocol for exporting fresh Vietnamese coconuts to China is expected to provide benefits to farmers and the Vietnamese coconut industry. Vina T&T Group, a leading exporter, anticipates competing in the Chinese market and providing high-quality Vietnamese coconuts to consumers.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to Mr. Cao Ba Dang Khoa, General Secretary of the Vietnam Coconut Association, before the Protocol allowing the export of fresh coconuts from Vietnam to the Chinese market, fresh coconuts were exported to this market by many traders through unofficial channels. In recent times, the Vietnam Coconut Association has had regular exchanges with Chinese trade associations about the market's demand for fresh coconut imports. Information from the exchanges shows that China has a huge demand for fresh coconut imports. In 2022, China's fresh coconut imports reached 872 thousand tons (equivalent to about 2.6 billion coconuts), worth 543 million USD. According to Produce Report, China's coconut imports in 2023 will total 1.18 million tons, worth 580 million USD. Of which, imports from Thailand are 589 thousand tons, from Indonesia are 364 thousand tons... Mr. Cao Ba Dang Khoa said that in China, only Hainan province can grow coconuts. Hainan coconut output meets less than 10% of ...
Source: Agriculture
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