China increases Vietnam’s banana imports

While vegetables and fruits exported to the Chinese market all showed signs of decline, Vietnam’s banana products were imported by this country.

According to the Import-Export Department (Ministry of Industry and Trade) in the first five months of the year, Vietnam’s fruit and vegetable export turnover is estimated at 1.5 billion USD, down 14% compared to the same period in 2021, mainly due to the Chinese market. buy reduction.

While vegetables and fruits exported to the Chinese market all showed signs of decline, bananas went against the trend.

In the first 5 months of the year, China imported 742 thousand tons of bananas, up 10% over the same period in 2021, of which Vietnamese bananas accounted for 43%, surpassing the Philippines with 28%.

Sharing at the 970 forum on June 8, Mr. Dang Phuc Nguyen, General Secretary of the Vietnam Fruit and Vegetable Association (Vinafruit) forecast that in the near future China will increase the import of Vietnamese bananas.

Because, China’s banana growing area has decreased due to the cost of input materials, land rental costs and labor costs… In addition, the Panama disease on banana trees has caused a sharp decrease in the quality of bananas in China.

Commenting on the market in the last 6 months of the year, a representative of Vinafruit said that by the end of 2022 or early 2023, China is likely to remove the Zero COVID policy. However, this policy still causes difficulties for Vietnamese agricultural products as well as other countries in the region at the moment.

Recently, a number of export banana shipments of Gia Lai were detected by the General Administration of Customs of China to have the SARS-CoV-2 virus. The province is currently conducting an inspection.

Mr. Nguyen noted: “China is an important market. In order to increase the import share of this market, Vietnamese products need to improve their quality. In the absence of Zero COVID, Vietnam will be able to compete very well even with other countries in the region.