Earlier this month, Vietnam and China signed three protocols on the official export of frozen durian, fresh coconuts and crocodile to China, which are expected to significantly boost exports of these farm products.
China’s opening the door for fresh coconut will bring significant opportunities for Vietnam’s coconut growers. With a population of 1.4 billion, China is a huge consumption market, while its domestic coconut supply only meets around 10% of the demand.
This is good news for coconut growers, as opening up the Chinese market will develop a stable consumption market for coconuts and avoid falling prices.
The Vietnam Fruit and Vegetable Association expects, the export of fresh coconut to increase by around 200-300 million USD by the end of the year, and continue to grow significantly in the near future.
Vietnam is currently the seventh largest coconut producer in the world, with a total growing area of 188,000 ha, and an output of around two million tons per year, mainly in the Mekong Delta region./.
