Posted 1/21/2024, 6:00:21 AM
China's Durian Imports Soar as Vietnam and Philippines Eat into Thailand's Market Share
- China's durian imports soared 69% in 2022 to 1.4 million tonnes, but Thailand's share dropped from 95% to 68% as Vietnam and the Philippines gained market share
- Vietnam's durian exports to China jumped from near zero in 2021 to 31.8% of China's imports in Jan-Nov 2022, reaching $2.1 billion
- Philippine durian exports to China were $1.88 million in Jan-Jun 2023 after China approved imports in 2022
- China grew its first domestic durian crop in Hainan in 2022, with production expected to reach 500 tonnes in 2023
- Malaysia aims to gain approval for fresh durian exports to China in 2023 to mark 50 years of diplomatic ties