September 29, 2024 | 06:04 GMT +7
September 29, 2024 | 06:04 GMT +7
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The latest data compiled by the Vietnam Fruit and Vegetable Association from customs show that China is aggressively increasing its purchases of durians from Vietnam.
In the first 4 months of the year, China spent over $ 432 million to buy Vietnamese durians, a 168% increase compared to the same period last year. Specifically, in April, the amount of durians purchased from Vietnam by China increased 6 times compared to the same period. Currently, China accounts for 92% of Vietnam's durian exports in the first 4 months, an 8% increase compared to the same period last year.
The export price of durians in April decreased to $ 3,972/ton. However, due to high prices in the early months of the year, the average export price of Vietnamese durians over the first 4 months is $ 4,207/ton.
Mr Dang Phuc Nguyen, Secretary-General of the Vietnam Fruit and Vegetable Association, believes that the durian export situation is favourable, and the demand in China continues to increase.
The sudden surge in export turnover in April, according to Mr Nguyen, is due to Vietnamese goods entering the main season. Additionally, exporting durians to China is more convenient due to lower logistics costs. Vietnam has an additional opportunity this year as Thailand - the leading country in durian supply - experiences decreased production and quality due to drought.
Furthermore, Vietnam has been granted double the planting area codes compared to 2023, leading to a strong increase in export turnover.
In agreement, export enterprises also note that Vietnamese durians are increasingly delicious and affordable compared to last year. Currently, the durian consumption network in China has expanded, resulting in an increased number of consumers.
Although the quality of Vietnamese durians has improved, enterprises report unevenness and the existence of pesticide residues in some areas, requiring solutions for handling. If Vietnam strengthens quality control, it could lead the export turnover in China and surpass Thailand in the future.
Translated by Hoang Duy
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