China Trade Trends: Durian Imports from Thailand and Vietnam Influence on China Economy
China's Durian Import Landscape
China's fresh durian imports have significantly rebounded, with Thailand's shipments valued at nearly US$2.67 billion, capturing a 75% market share in the second quarter. This marks a dramatic increase from just 42.5% in the first quarter of 2024, highlighting Thailand's strong reputation for quality durians.
Vietnam's Position in the Market
- Vietnam accounted for most remaining durian exports, with competitive pricing.
- Quality concerns led to the shutdown of 33 Vietnamese export sources in June.
Seasonal Impact on Durian Supply
Observations indicate that the major harvest season for Thai durians coincides with China's peak demand. Despite Thailand's struggles with extreme weather in May, their strengthened trade networks and established brand loyalty have kept Thai durians in favor.
Emerging Competitors and Economic Trends
- Malaysia has recently gained approval to export durians, though supply remains low.
- China's domestic durian cultivation struggles to compete with established Southeast Asian industries.
The latest trade data indicates that Thailand shipped 609 million kg of durians compared to Vietnam's 296 million kg. Despite challenges, Thai durians maintain a strong presence in the Chinese market, reflecting shifting dynamics in China trade and the broader impact on the China economy.
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.