South Africa's Avocado Trade Poised for Growth in Chinese Market Following Significant Agreement
Trade Collaboration Moves Forward
At the recent China International Import Expo in Shanghai, the Avocados Australia signed a memorandum with the China Chamber of Commerce of Import & Export of Foodstuffs that marks a significant step for both South African and Australian avocados to enter the burgeoning Chinese market. This pivotal agreement aims to empower technological exchanges and strengthen cooperation.
Market Developments
Avocados Australia chair Matthew Kleyn expresses optimism about entering further agreements, especially as Australian apples showcase potential in the Chinese market. He stated, “We’re in Shanghai to engage with importers interested in our products.”
- Over 250 Australian businesses, including those dealing in wine, lobster, and healthcare products, have showcased their offerings at the expo.
- Trade between Australia and China reached A$327.2 billion (US$216.5 billion), reflecting a 9.3% increase in 2023.
Future Prospects
A decade ago, China's avocado imports were marginal, but the demand rose significantly from 40,000 tonnes in 2018 to 66,000 tonnes in 2023.
As South Africa joins Peru, Chile, and Kenya in supplying avocados to China, the opportunity for farmers in Yunnan province to enhance production through cooperation is growing. Yunnan officials express a warm welcome toward Australian investment and technology aimed at boosting their avocado industry.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.