China's dragon fruits imports from Vietnam decline amid rise in production
There is a huge craze for durian fruits, dragon fruits in China.This has been shown by the amount of imports that have been reported for dragon fruits in China. Vietnam is the top supplier of these fruits to China. According to the China customs data reports Vietnam has earned over $631 million from its dragon fruits exports to China during FY 2022. Although, there was a significant decline of 37% as compared to the financial year 2021. Consequently, China’s dragon fruit imports are declining due to strict import duties. There was a 42% decrease in the exports of dragon fruits compared to FY 2021. The latest China import export data shows that China has cut down its dragon fruit imports from Vietnam by 30% in August 2023. Whereas, China import data shows that there was a 50% decline in the dragon fruits imports from Vietnam which covers over 99% share in China’s overall dragon fruits imports. The total value during the first half of Fy 2023 for China’s dragon fruit import...