Tag: jackfruit

  • Unlocking New Trade Horizons: Vietnam’s Fresh Jackfruit Wins Approval for Export to China

    Unlocking New Trade Horizons: Vietnam’s Fresh Jackfruit Wins Approval for Export to China

    Vietnam has received approval to export their fresh jackfruits directly to China, following a protocol agreement between the two nations’ respective agricultural authorities.

    Significant Trade Agreement

    The protocol was established during a business meeting involving Tran Duc Thang, Vietnam’s Minister of Agriculture and Environment, and Zhao Zenglian, the Deputy Director of the General Administration of Customs of China. This accord signifies a noteworthy advancement in the bilateral agricultural commerce, adding to this year’s series of protocols encompassing chili, passion fruit, rice bran, and raw swiftlet nests.

    China’s General Administration of Customs (GACC) has underlined its commitment to opening its markets to premium Vietnamese agricultural products. Simultaneously, Vietnam reiterated its focus on augmenting collaboration in the agriculture and environment sector.

    Fresh Jackfruit Trade

    With this protocol, fresh jackfruit will be standardized, minimizing trade risks and aligning with stringent quality standards. This regulation supports the proliferation of jackfruit cultivation under Good Agricultural Practices (GAP). This progression is anticipated to amplify value-added production and improve farmers’ earnings.

    As per the Vietnamese Ministry of Agriculture, the nation’s fruit and vegetable exports reached an impressive nearly $7.1 billion during the initial 10 months of 2025. This denotes a growth of 15.1% compared to the previous year, with China absorbing 62.9% of these shipments.

    The fresh jackfruit export protocol looks set to bolster this growth further. It is hoped that this new agreement will help the sector achieve its export goal of $8.5 billion for the entire year.

    Questions & Answers

    What is the significance of this fresh jackfruit protocol between Vietnam and China?
    This protocol signifies a noteworthy advancement in the bilateral agricultural commerce between the two nations, potentially leading to an increase in the value-added production and earnings of Vietnamese farmers.

    What does the standardization of fresh jackfruit entail?
    The standardization of fresh jackfruit will minimize trade risks, align with stringent quality standards, and support the proliferation of jackfruit cultivation under Good Agricultural Practices (GAP).

    How much did Vietnam’s fruit and vegetable exports reach in the first 10 months of 2025?
    Vietnam’s fruit and vegetable exports reached nearly $7.1 billion during the initial 10 months of 2025, marking a growth of 15.1% compared to the previous year.

  • Jackfruit Prices Plummet to Just 15 Cents Per Kilogram in Vietnam’s Market

    Jackfruit Prices Plummet to Just 15 Cents Per Kilogram in Vietnam’s Market

    The price of Thai jackfruit, a staple in Vietnam’s bustling agricultural markets, has taken a steep dive, slashing in half to VND4,000–10,000 (15–39 U.S. cents) per kilogram over just a month. This drastic decline has alarmed local farmers, particularly in the Mekong Delta, where the fruit is predominantly cultivated.

    Challenges from Trade Regulations

    The primary reason behind this tumble lies in tightening import protocols from China, a vital market for Vietnamese jackfruit. Stricter regulations surrounding banned substances and pesticide residues have left farmers grappling with a sharp decline in demand. Recent months have seen orchards in the key jackfruit-growing provinces of Ben Tre and Tien Giang trimming prices for top-quality produce—once the pride of their harvests.

    One local farmer, Hung, who tends to 40 jackfruit trees, expressed his growing concern. He recently sold three tons of his haul for VND5,000–8,000 per kilogram, far below his production costs of VND9,000–12,000. “If prices remain low, my family will suffer heavy losses this year,” he lamented, underscoring the grim reality facing many farmers.

    Rising Costs and Stiff Competition

    Adding to the farmers’ woes are rising expenses for fertilizer and labor. Traders are also skittish due to the sudden elevation of quality standards imposed by Chinese authorities. Compounding these challenges is competition from an array of other seasonal fruits, including watermelon, lychee, mango, and mangosteen, which further dilutes the market for jackfruit.

    The entire export landscape seems bleak, with the first quarter of 2025 witnessing a 13% drop in jackfruit exports compared to the previous year, totaling $70 million. As farmers face an uncertain future, one can only wonder: can this beloved fruit stage a comeback, or will it continue to face challenges in the changing market landscape?

    Questions & Answers

    What factors have contributed to the fall in jackfruit prices in Vietnam?
    The prices have dropped due to stricter import regulations from China regarding pesticide residues and banned substances, along with rising production costs and competition from other fruits.

    How have local farmers reacted to the price drops?
    Many farmers, like Hung, are experiencing significant financial strain, selling their produce at prices well below their production costs and fearing heavy losses.

    What are the prospects for jackfruit exports moving forward?
    With exports already down 13% in early 2025 compared to last year, the future looks uncertain unless farmers can adapt to market demands and pricing challenges.