In recent days, container trucks carrying durian from growing areas of our country have been on their way to China. This is the largest export market for durian fruit, helping tens of thousands of farmers in our country earn billions after just one harvest.
At the durian gardens of Hoang Anh Gia Lai Joint Stock Company (HAGL) in Gia Lai, every day, groups of traders continuously come to inquire and buy this billion-dollar fruit. Mr. Doan Nguyen Duc – Chairman of the Board of Directors of HAGL – once said that the company will sell durian directly to Chinese partners, without going through intermediaries.
This year, in just two gardens in Gia Lai, HAGL’s durian output has reached 800 tons. However, the business has not yet finalized the selling price with the purchasing partner.
China is still identified as Vietnam’s key agricultural, forestry and fishery export market and is expected to achieve high growth. In addition to strong products such as vegetables, fruits, seafood,… businesses are focusing on increasing market share of products with great potential such as rubber, pepper, cassava…
Statistics from the General Department of Customs show that by the end of May, our country’s export of agricultural products to the Chinese market reached 4.6 billion USD. In particular, the export turnover of many agricultural products continues to boom, accounting for a large proportion.
Specifically, in the first 5 months of this year, our country earned 1.71 billion USD from exporting fruits and vegetables to China, an increase of 32.6% over the same period last year. Accordingly, China is our country’s largest fruit and vegetable export market, accounting for about 60% of the export turnover of this item.
Similarly, China is “buying” cassava and cassava products from Vietnam, accounting for 91.37% of the export turnover of this industry. By the end of May 2024, exports of cassava and cassava products to the billion-people market reached 509 million USD, an increase of 8.9% over the same period last year.
Exports of wood and wood products to China reached 887.8 million USD, up 51.2% over the same period in 2023. Among the top 5 main markets of the Vietnamese wood industry, China is the market with the highest growth rate.
This is also the second largest customer of Vietnamese seafood and cashew nuts. Seafood export turnover by the end of May 2024 reached 537.5 million USD, up 4.9% over the same period in 2023; cashew nuts reached 290 million USD, up sharply 46.3%.