Why Thai durian exports to Vietnam suddenly increased

Source: Cafef.vn According to a report by the Ministry of Commerce of Thailand, in the first 4 months of 2023, Thailand's exports of durian and frozen durian totaled 63,627 million baht (more than 1.8 billion USD), an increase of 166% compared to the previous year. same period last year. The largest export market of Thai durian is China with a value of 62,068 million baht ($1.76 billion), up 170% from last year, followed by Hong Kong (China), with a total value of 941 million baht (nearly $26.7 million), up 77%, and Taiwan (China), worth 198 million baht ($5.6 million), up 36%. Notably, Vietnam ranks 10th as Thailand's export market with a value of 16.25 million baht ($460,000, about VND 10.8 billion), an increase of 10.769%. There are two main reasons leading to the sudden increase in the export of Thai durian to Vietnam. Firstly, although the volume is still relatively low, Thai traders are tending to shift their focus to exporting through Vietnam as a gateway to China, passing ...