Vietnamese precious agricultural products are fed to cows; Cambodia invests heavily in trade with China

Published Jan 27, 2022

Tridge summary

Vietnamese dragon fruit farmers are facing challenges due to a halt in imports by China, competition from other countries like Thailand and Taiwan, and their own overproduction. The price of dragon fruit has significantly dropped, leading to waste. Meanwhile, Cambodia is investing in dragon fruit cultivation to export to China, potentially creating thousands of jobs and becoming the third Cambodian fruit to be exported to China, following bananas and mangoes. In 2020, China's fruit imports exceeded 10 billion USD, and the import value of dragon fruit was 550 million USD, with a 53% increase year-on-year.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Many weeks ago, the situation of Vietnamese dragon fruit being stuck in the border area after China stopped importing this fruit has caused a lot of damage to the Vietnamese people in particular as well as the Vietnamese agricultural industry in general. . Situation of dragon fruit in Vietnam However, this is not only a short-term problem. If we look more broadly, it can be seen that Vietnamese dragon fruit is currently facing many challenges both domestically and from other countries in the region. Answering the Saigon Economic Review in 2019, economist Pham Chi Lan said that Vietnamese dragon fruit is a precious breed, especially Asian tourists are very interested in red flesh dragon fruit in Binh Thuan region because of its "beautiful color, taste delicious and strange to them". However, it is a pity that the Vietnamese are completely unaware that they have a source of precious plant varieties, and precious here is defined as "small yield but extremely high quality". Commenting ...
Source: CafeF

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.