Expected to earn billions of dollars

Việt NamViệt Nam12/09/2024


Rapid development

According to the Vietnam Coconut Association, Vietnam's fresh coconut exports have only been established and developed in the past 8 years, but have grown very rapidly with fresh coconut export turnover increasing 10 times. To date, fresh coconuts have been exported to more than 40 countries around the world, reaching a turnover of about 250 million USD in 2023, accounting for about 20-25% of the total export turnover of the coconut industry nationwide.

Xuất khẩu dừa tươi: Kỳ vọng thu về tỷ USD
Fresh coconut export, new opportunity for key economic sector of Ben Tre province. Photo: BT

Notably, recently, the Ministry of Agriculture and Rural Development of Vietnam and the General Administration of Customs of China (GACC) signed a Protocol on exporting fresh coconuts to this billion-people market.

Mr. Hoang Trung - Deputy Minister of Agriculture and Rural Development - said that China consumes more than 4 billion coconuts each year, of which 2.6 billion are for immediate consumption and 1.5 billion are for processing, but your production capacity has not yet met all of them, so it will be a great opportunity for Vietnam. Therefore, this is a very good opportunity to reorganize production, link and expand the market.

Sharing the same view on this issue, Mr. Huynh Tan Dat - Director of the Plant Protection Department (Ministry of Agriculture and Development of Vietnam) - said that this is an opportunity for the Vietnamese coconut industry to develop further. However, along with that is a challenge for management agencies and localities in inspecting and supervising the processes. Therefore, the parties must coordinate closely and work together to create the most favorable conditions for exporting fresh coconuts to China.

Besides the opportunities brought by the market, according to Mr. Cao Ba Dang Khoa - General Secretary of the Vietnam Coconut Association, the coconut industry is also facing certain difficulties, in which, businesses are having difficulty in purchasing fresh coconuts in large quantities with uniformity in type, size, quality, or there are not many concentrated raw coconut areas.

Mr. Cao Ba Dang Khoa cited that due to the lack of concentrated growing areas for each type of coconut for export, if a business signs a contract to export 50 containers of green coconuts, it is very difficult to purchase this type of coconut separately. The business is forced to buy all types of coconuts in the same area and then classify them to have coconuts that meet the requirements of the partner.

Local involvement

As the locality with the 5th largest coconut growing area in the country, after Ben Tre, Tra Vinh, Tien Giang, Vinh Long provinces, Mr. Kieu Van Cang - Head of the Department of Cultivation and Plant Protection of Binh Dinh - said that by 2023, the coconut area in Binh Dinh will be 9,353 hectares; of which, the area of ​​Siamese coconut (drinking coconut) accounts for 24.5%, equivalent to about 2,292 hectares; the average yield is 119.3 quintals/ha, the output is 111,358 tons/year.

According to the plan, by 2025, Binh Dinh will increase the coconut area to 10,000 hectares, of which 9,700 hectares are for commercial purposes, with an output of 116,400 tons/year. Fresh coconuts are officially exported to China, which is an opportunity for farmers who own nearly 3,000 hectares of Siamese coconuts in Binh Dinh. Currently, this locality is completing the procedures to apply for a growing area code for more than 70 hectares of Siamese coconuts in Phu Cat and Hoai An districts. Because the growing area code is a prerequisite for exporting fresh coconuts to the Chinese market.

Considered the coconut capital of the country, the total coconut area of ​​Ben Tre province currently has nearly 80,000 hectares of coconut trees with a yield of over 688,000 tons of fruit; of which there are about 15,865 hectares of green coconut trees for drinking water, accounting for 20.53% of the total coconut area. The annual output is estimated at about 145 million fruits.

In preparation for exporting fresh coconuts to the US and Chinese markets, the agricultural sector of Ben Tre province is perfecting the coconut production process, improving the quality of coconuts, supporting businesses in building growing areas and preparing relevant documents according to regulations before exporting coconuts to these two markets.

Regarding the Chinese market, according to the Department of Agriculture and Rural Development of Ben Tre, the province has built a pilot of 6 concentrated coconut production areas; 5 areas produce according to organic standards and 1 area produces coconut water. Ben Tre has built a coconut area participating in the value chain of over 23,700 hectares, accounting for over 30% of the province's total coconut area, with an output of over 230,000 tons. Currently, 20 enterprises have participated in building packaging facilities and growing area codes for export to the Chinese market; of which, 13 packaging facilities, 35 growing areas with 2,343 hectares have submitted documents to the Plant Protection Department to prepare to meet the needs of the Chinese market.

Vietnam's coconut industry is ranked 4th in total value in the world coconut market and Vietnam's coconut and coconut product exports in 2023 will reach more than 900 million USD. In particular, the main import markets for fresh coconuts from Vietnam are the US, Japan, Korea, etc. Expanding the official export market to China will motivate businesses to participate in registering growing area codes and packaging facility codes that meet export standards, opening up a brighter future for the Vietnamese coconut industry.

According to businesses, signing the Protocol on official coconut exports to China will help this product have the opportunity to surpass the 1 billion USD mark in the near future, while opening up opportunities for many key coconut-producing localities.

Coconut is one of the six subjects in the project to develop key industrial crops. Currently, the country has about 200,000 hectares of coconut with an annual output of over 2 million tons. Mr. Dang Phuc Nguyen - General Secretary of the Vietnam Fruit and Vegetable Association - said that with 1.4 billion people, China is one of the largest coconut consuming markets in the world. Being allowed to officially export to China opens up great opportunities for the Vietnamese coconut industry. Because this is a market with a very close geographical distance, short transportation time and low cost, the products will be competitive with other countries.

Source: https://congthuong.vn/xuat-khau-dua-tuoi-ky-vong-thu-ve-ty-usd-345329.html


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