Vietnamese fruits are facing difficulties in the Chinese market

Fruits

Vietnam

China

Market & Price Trends

Published Oct 8, 2023

Tridge summary

Vietnam's dragon fruit exports to China have decreased by 38% due to increased dragon fruit cultivation in China leading to oversupply and lower prices of Chinese products. Similarly, passion fruit exports have also decreased by 36.5% as China produces its own passion fruit, reducing its need for imports from Vietnam. Vietnam's longan exports are also affected as China now has new suppliers from Cambodia, and Vietnam has not been able to officially export coconuts to the Chinese market while Cambodia has. Overall, Vietnam's agricultural products such as avocado, mango, and jackfruit are at risk of losing market share to competitors. However, if Vietnam can take advantage of its geographical proximity to China and work on improving quality and scale, there is still a chance for Vietnamese products to compete.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Data from Vietnam Customs shows that in 8 months, dragon fruit exports reached 442 million USD, down 4.4% compared to the same period in 2022. Of which, red-fleshed dragon fruit exports to the Chinese market decreased sharply by 38%. because this country increased dragon fruit cultivation. Currently, China's output exceeds Vietnam's, and the selling price is also cheaper than Vietnamese products. Similarly, Vietnam's passion fruit also encountered difficulties in exporting with turnover only reaching 29.5 million USD, down 36.5% over the same period last year. Previously, Vietnamese fresh passion fruit held the leading market share in China, recently they have reduced purchases because the amount of self-produced goods has increased. Produce Report cites data from China Customs showing that each year, this country supplies 600,000 tons of passion fruit to the market. In addition, from 2022 until now, Laos is allowed to officially export passion fruit to this market, making the ...

Source: VNExpress