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Import and export turnover in the second half of August increases by more than US$5 billion |
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Agricultural, forestry and fishery exports reach US$54 billion: A feasible task |
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| Durian exports to China via Kim Thanh International Road Border Gate No. II, Lao Cai. |
According to the General Department of Vietnam Customs, the country’s export turnover of fruit and vegetable in August surged 52.8% month-on-month to US$ 844 million. Of which, durian exports reached more than US$500 million, up 94% month-on-month.
In the past 8 months, fruit and vegetable exports reached US$4.72 billion, up 33.2% year-on-year. Of which, durian exports reached US$2.03 billion, up 68% over the same period last year and accounted for 43% of the country’s fruit and vegetable export turnover.
China is the Vietnam’s largest durian importer with the turnover of US$ 3.08 billion, accounting for 65.25% of the country’s fruit and vegetable export turnover in the past 8 months.
Regarding durian exports, China agreed to import frozen durian from Vietnam, which is a positive result.
At the Conference on disseminating regulations on exporting frozen durian to the Chinese market (September 19, 2024), Huynh Tan Dat, Director of the Plant Protection Department (Ministry of Agriculture and Rural Development) said that under the recently signed Protocol, the current capacity and demand of the Chinese market, Vietnam’s frozen durian export turnover in 2024 is forecast to reach US$300 million.
Nguyen Quang Hieu, Deputy Director of the Plant Protection Department, added that every year China imports fresh durian worth US$7 billion, and it is expected that in the next few years, this figure will exceed US$10 billion.
While fresh durian is only 30% pulp, 70% seeds, the shell must be removed, causing environmental pollution, while frozen durian has a long shelf life, can be used immediately or used as raw material for other products. Therefore, Chinese consumers will use frozen products. Last year, China spent US$1 billion importing frozen durian.
