Retail News CRM

Tag: cross border trade

  • Chinese Chocolate Persimmon Prices Drop 70% in Vietnam

    Chinese Chocolate Persimmon Prices Drop 70% in Vietnam

    Chinese chocolate persimmons dropped to VND30,000 ($1.15) per kilogram in Vietnam, falling 70 percent year-on-year to reach their lowest level since entering the market in 2023.

    The price collapse puts the imported fruit roughly 10 percent below domestic persimmons from Da Lat and at one-third the price of Central Highlands Fuji varieties.

    Supply Surge Across Traditional Stalls

    Street stalls and wet-market vendors across Hanoi and Ho Chi Minh City sell the fruit between VND30,000 and VND60,000 per kilogram depending on grading. The Shanxi specialty, known for its brown-speckled seedless flesh, crisp texture, and lack of astringency, has shifted from a niche novelty into a volume product across urban centres.

    Importers route the fruit directly to neighbourhood shops and wet-market stalls rather than channeling volume through wholesale central markets. This direct delivery model cuts handling layers and accelerates stock turnover on retail floors.

    Upstream Pricing in Shanxi

    Farmgate economics in China explain the steep retail drops across Vietnamese cities. In Shanxi province, bulk wholesale orders trade at CNY0.8 to CNY1.2 per jin, or half a kilogram, translating to VND6,000 to VND9,300 per kilogram before transport.

    Chinese e-commerce platforms show similar pricing pressure. JD.com lists 1.5-kilogram boxes of crisp Shanxi chocolate persimmons at promotional prices of CNY14.9, equal to about VND38,500 per kilogram for domestic consumers.

    Squeezing Domestic Growers

    Direct supply lines from northern China challenge domestic fruit producers in Lam Dong and the wider Central Highlands. Local growers face higher harvest and transit costs, leaving domestic varieties unable to match the volume pricing of northern imports during peak harvest windows.

    Specialty fruit shops that previously commanded premium margins on Japanese-origin varieties now face price erosion. When standard street vendors sell comparable seedless stock at VND30,000 per kilogram, premium fruit boutiques lose their pricing use.

    Cross-Border Produce Inflow

    The persimmon surplus forms part of a wider trade shift between the two countries. Vietnam imported nearly $900 million worth of fruits and vegetables from China during the first eight months of the year, an increase of 51 percent over the same period last year.

    Persimmons arrived alongside rising shipments of Chinese grapes, apples, and pears across land border crossings. Customs clearance volumes through northern border gates over the final quarter will determine whether retail persimmon prices stabilise or face further downward pressure before the seasonal harvest concludes.

  • Bangladesh Imports from India Hit $10.96 Billion Despite Port Limits

    Bangladesh Imports from India Hit $10.96 Billion Despite Port Limits

    Bangladesh increased its imports from India to $10.96 billion in fiscal 2025-26, defying land border curbs designed to restrict cross-border shipments between the two neighbours.

    The annual import bill rose 13.9 percent from $9.62 billion recorded in the previous fiscal year, according to National Board of Revenue data. Bangladeshi exports to India dipped slightly over the same period, slipping to $1.75 billion from $1.76 billion. The figures leave Dhaka with a bilateral trade deficit exceeding $9.2 billion, with India supplying more than six times what it buys in return.

    Shifting cargo from land to sea

    Bilateral trade friction escalated following political changes in Bangladesh in 2024. Dhaka restricted yarn imports across land borders in March 2025 to shield domestic spinning mills, redirecting all Indian yarn shipments exclusively through Chattogram seaport. New Delhi responded in April 2025 by halting airport transhipment facilities for Bangladeshi garments bound for third countries, later adding land port curbs on Bangladeshi processed food, jute, furniture, and apparel.

    The administrative barriers failed to dent demand for Indian textile inputs. Bangladesh Textile Mills Association president Showkat Aziz Russell said recorded yarn imports from India doubled to approximately 300 billion taka in fiscal 2026, up from 140 billion taka a year earlier. Channeling shipments entirely through seaports brought previously informal or unrecorded overland cargo onto customs registries, inflating formal totals while keeping factory order books supplied.

    Structural imbalance in regional apparel

    Textile mills and garment factories across Dhaka and Chattogram rely heavily on Indian cotton, yarn, and fabric because of shorter freight times and buyer-nominated fabric specifications. While India is Bangladesh’s second-largest overall trading partner after China, Dhaka’s outbound shipments remain heavily concentrated in ready-made garments, which face domestic competition and strict standard compliance inside India.

    Policy analysts and industry bodies note that despite duty-free access granted under the South Asian Free Trade Area framework in 2010, the two countries have yet to build integrated supply chain agreements. Bangladesh Garment Manufacturers and Exporters Association president Mahmud Hasan Khan and Knitwear Manufacturers president Mohammad Hatem have urged both governments to resolve transport frictions through high-level talks.

    Trade associations from both nations continue to push for formal negotiations on a Comprehensive Economic Partnership Agreement to clear land port bottlenecks and establish mutual certification standards.