Vietnam improves competitiveness of durian industry

In the first four months of 2024, Vietnam has become the second largest market for fresh durian supplies to China, with imports surging by 91% in quantity and 81.9% in value year-on-year, contributing 39.2% to China's total fresh durian imports. This growth is attributed to the advantages of Vietnamese durian, such as abundant production and competitive pricing. However, the durian industry faces challenges in stabilizing production and improving product quality. There is also potential for growth in exporting processed durian to China, given the increasing demand and price discrepancy between fresh and processed durian. Additionally, timing the exports to avoid competition with Thailand, which supplies durian to China earlier in the year, could further enhance Vietnam's market share.

According to statistics from the Import and Export Bureau of the Ministry of Industry and Trade, Vietnam is the second largest market for fresh durian supplied to China. In the first four months of 2024, China's imports of fresh durian from the Vietnamese market increased significantly, reaching 79,300 tons, worth US$369.8 million, a year-on-year increase of 91% in quantity and 81.9% in value; accounting for 39.2% of China's total fresh durian imports. Vietnamese durian is evaluated as having the advantages of abundant production and year-round harvest. In addition, the transportation time to China is faster than other countries, so the price is more competitive. These are the factors that have made Vietnamese durian make great progress in the Chinese market in less than two years since the signing of the official export agreement. Durian is also the main export fruit in Vietnam's export fruit structure, so it makes a great contribution to the export value of the entire fruit tree ...