China spent 6.2 billion USD buying durian

Rate this post

Data from the Chinese Customs Authority shows that in the first 9 months of this year, the country spent 6.2 billion USD importing durian. In September, Vietnam surpassed Thailand, becoming the largest exporter of durian to China.

According to data from the China Customs Authority, in September, the country imported 228,000 tons of durian, worth 894.58 million USD, an increase of 58.4% in volume and 39% in value over the same period. 2023. The price of imported Chinese durian in September is 3,926 USD/ton, down 12.3% over the same period in 2023.

durian at the supermarketdurian at the supermarket
Since September, Vietnam has surpassed Thailand, becoming the largest durian supplier to the Chinese market.

In the first 9 months of this year, China imported 1.38 million tons of durian, worth 6.2 billion USD, up 11.2% in volume and 5.6% in value over the same period in 2023; The average price of imported durian is 4,497 USD/ton, down 5% over the same period in 2023.

In particular, the average price of China’s durian imports from Thailand reached 4,947 USD/ton, an increase of 0.9%. The average import price of Vietnamese durian reached 3,962 USD/ton, down 8.7%. The average price of imported durian from the Philippines reached 2,628 USD/ton, down 28.5%.

Also according to the Chinese Customs Authority, in September, Vietnam became the largest durian supplier to this market with nearly 177,000 tons, worth 640.72 million USD, an increase of 90% in volume and an increase of 71.5%. % in value compared to September 2023.

In the first 9 months of this year, China imported 618,000 tons of durian from Vietnam, worth 2.45 billion USD, up 72.2% in volume and 57.3% in value over the same period in 2023.

In contrast, in September, China reduced durian imports from Thailand. But in the nine months of this year, Thailand is still the largest durian supplier to China, with nearly 755,000 tons, worth 3.73 billion USD, down 14.1% in volume and 13.3% in value. prices compared to the same period in 2023.

According to the Ministry of Industry and Trade, in October, durian harvest output decreased significantly when durian in the Central Highlands was at the end of the positive season, while durian in the Western and Southeast provinces was in the off-season.

Durian output in October is estimated at 154,200 tons, down 15% compared to September. Overall for the 10 months of this year, the country’s durian output is estimated at 1.139 million tons, up more than 20% over the same period in 2023.

According to the Vietnam Fruit and Vegetable Association, durian exports in October still grew strongly. It is estimated that in 10 months, durian exports reached 3.1 billion USD.

Sharing with Thanh Nien, Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association, said that currently Thailand and the Philippines have run out of main season durians. Meanwhile, Vietnam continues to have durian in the off-season. In the last months of this year, Vietnam will be the largest durian supplier to China.

Vietnamese durian in China is currently a single market, so it is expected that export prices will continue to increase in the last months of the year. It is forecast that durian export turnover this year could reach 3.5 billion USD“, Mr. Nguyen said.

Leave a Reply

Your email address will not be published. Required fields are marked *