Durian exports earn more than $1 billion in just two months

Jul 4th at 07:48
04-07-2024 07:48:40+07:00

Durian exports earn more than $1 billion in just two months

Durian earned more than US$1 billion from exports in May and June alone.

A durian farm in the central highland province of Đắk Nông. — VNA/VNS Photo

Đặng Phúc Nguyên, General Secretary of the Việt Nam Fruit and Vegetable Association, said durian exports are increasing strongly, with export turnover of the fruit reaching $450 million in May, up 107 per cent over the previous month and up 34 per cent over the same month last year.

Durian exports are estimated to reach $600 million in June.

Statistics from the Việt Nam Fruit and Vegetable Association show that durian export turnover reached $1.5 billion in the first six months of this year.

Durian continues to lead the market in Việt Nam's fruit and vegetable exports, with turnover nearly four times higher than that of dragon fruit, which once held the top position.

Calculations show that if output continues at this rate, this year exports will reach $3 billion.

If the frozen durian export protocol is signed, export turnover could reach about $3.5 billion.

Some farmers have warned that durian productivity decreased this year compared to last year, averaging only about 15 tonnes per hectare, but the price remains high, ranging from VNĐ60,000-100,000 per kilogramme.

Therefore, farmers can still raise a profit of about VNĐ700 million to VNĐ1 billion per hectare depending on productivity and the sale price after deducting production costs. 

Bizhub





NEWS SAME CATEGORY

Việt Nam’s exports of cinnamon, chilli products face food safety warning

Vietnamese exports of cinnamon, organic chilli powder and chilli products have been warned by some EU countries they are violating food safety standards, according...

Probes ongoing to protect steel firms

An increase in Chinese steel imports is causing pressure on domestic steelmakers and anti-dumping risks.

Việt Nam seeks to expand coffee market share in Canada

Vietnamese coffee has the opportunity to surpass Mexico to enter the top 10 largest coffee exporters to the Canadian market.

Vietnam requires $2.7 billion for one million hectares of high-quality rice

Việt Nam is expected to require approximately US$2.7 billion to execute its high-quality rice cultivation project spanning one million hectares by 2030, according...

Vietnamese ginseng requires quality standards

Industry experts gathered at a seminar in Hanoi on June 27 to discuss quality standards for ginseng and the development of ginseng-based health products.

Bắc Giang lychee prices reach record high

The price of Bắc Giang lychees in 2024 ranges from VNĐ55,000 to VNĐ85,000 per kilogramme, doubling or even tripling the prices of 2023, reaching the highest level...

Petrol prices revised up

The retail prices of E5RON92 bio-fuel and all petrol products increased from 3pm on June 27 following the latest adjustment by the Ministry of Industry and Trade...

​Lexus GX 550 debuts in Vietnam

The 2024 Lexus GX 550, a luxury off-road SUV of the Lexus brand owned by Japanese automaker Toyota Motor Corporation, was introduced in Vietnam in two versions on...

Vietnamese dragon fruit makes a splash at Spinneys debut in Saudi Arabia

Vietnamese exports received a sweet boost on Monday with the presence of its red and yellow-fleshed dragon fruits at the grand opening of Spinneys, a high-end...

Business sours for Bến Tre farmers as shrimp prices plummet

Shrimp farmers in the coastal province of Bến Tre are struggling to expand their farming areas or invest in hi-tech farming methods since they are getting low...

Commodity prices


MOST READ


Back To Top