Some markets ramp up imports of Vietnamese durian
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Vietnam’s durian exports to several markets like Thailand, Hong Kong and South Korea rose by double digits year-on-year in the first seven months.
China remained the biggest buyer as exports rose by nearly 53% to US$1.47 billion, accounting for 92% of all shipments.
Thailand was second with $65 million, up 51%, followed by Hong Kong, $19 million, up 24%.
Exports to South Korea, Papua New Guinea, Japan, and Cambodia increased by at least 50%.
Total exports were also up 50% to $1.6 billion.
Ngo Tuong Vy, CEO of fruit exporter company Chanh Thu, said Vietnamese durian is more competitively priced than those from Thailand, Malaysia and the Philippines.
Her company saw exports rise by 30% this year because of a decline in Thai output due to unfavorable weather.
Dang Phuc Nguyen, general secretary of the Vietnam Fruits & Vegetables Association, said many countries are craving Vietnamese durian because of its high quality and availability all year round.
Vietnam and China’s recent protocol on frozen durian exports would also help boost exports, he added.
Vietnam exported $2.3 billion worth of durian last year, 90% of it to China.
Questions & Answers
Q.Which countries are increasing their imports of Vietnamese durian?
Which countries are increasing their imports of Vietnamese durian?
Several markets are importing more Vietnamese durian, including Thailand, Hong Kong, and South Korea, all showing double-digit growth. Exports to Papua New Guinea, Japan, and Cambodia also increased significantly, by at least 50%.
Q.What are the main reasons for the rise in Vietnamese durian exports?
What are the main reasons for the rise in Vietnamese durian exports?
The increased exports are attributed to competitive pricing compared to other producers, high quality, and year-round availability. A decline in Thai output due to unfavorable weather also contributed to Vietnam's export rise.
Q.What is the total value of durian exports from Vietnam this year and to which market?
What is the total value of durian exports from Vietnam this year and to which market?
Total Vietnamese durian exports were up 50% to $1.6 billion. China remained the largest buyer, importing $1.47 billion, which accounted for 92% of all shipments.
Q.How did last year's durian export figures compare to this year's performance?
How did last year's durian export figures compare to this year's performance?
Last year, Vietnam exported $2.3 billion worth of durian, with 90% of that volume going to China. This year, total exports have reached $1.6 billion in the first seven months.
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