Durian is the “Golden Fruit” among Vietnam’s Export Commodities

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Durian has become the “golden fruit” among Vietnam’s export commodities thanks to the advantages of high selling prices and import market preferences that rise much higher than other crops such as pepper, dragon fruit, and rubber.

Chairman of the Board of Directors and General Director of Intimex Group, Do Ha Nam, noted that coffee and pepper plants generate profits of around 200-300 million Vietnamese Dong (around Rp127 million-191 million) per hectare per year. Meanwhile, durian trees produce an annual harvest with a profit of 2 billion Vietnamese Dong (approximately Rp1.3 billion).

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“There has never been an agricultural product that quickly generated billions of dollars in export revenue like durian when it entered the global market,” Nam said as reported by VNA on Saturday.

Statistics from Vietnam’s Ministry of Agriculture and Rural Development (MARD) show the country has more than 110,000 hectares of durian with an annual production of nearly 850,000 tons. The area under durian cultivation has increased by nearly 25 percent annually in the past five years.

The country’s largest durian producing areas include the Central Highlands with more than 52,000 hectares (ha) covering about 47 percent of the total area.

Then the Mekong Delta region with 33,000 ha (about 30 percent), and the Southeast region with 33,000 ha (about 30 percent) and the Southeast region with 21,000 ha (about 19 percent).

MARD also noted that Vietnamese durian has reached 24 markets with export value to China as the most promising market covering more than 99 percent of the total durian export turnover. China is predicted to continue to be the main consumer of the thorny fruit in the following years.

The durian industry is also projected to grow 7.2 percent per year in the 2019-2025 period. This is considered an opportunity for Vietnam to sustainably develop the durian industry in the future.

Meanwhile, Vietnam’s Deputy Minister of Agriculture and Rural Development, Tran Thanh Nam, emphasized the need for durian farmers and export companies to ensure the quality, design and origin of goods when exporting to China to ensure that Vietnamese durian can maintain its position in that market.

According to General Secretary of the Vietnam Vegetable and Fruit Association, Dang Phuc Nguyen, there is still plenty of room for Vietnam to export durian to the Chinese and global markets. He estimates that the fruit’s export turnover could reach around US$3.5 billion this year.

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