Shrinking Chinese exports halve dragon fruit prices

November 07, 2023 | VnExpress |

The price of Vietnamese red-fleshed dragon fruit has dropped by 50% to VND10,000-13,000 (US$0.41-0.53) per kilogram due to reduced imports from China. Fruit sellers in Ho Chi Minh City report selling red-fleshed dragon fruit on streets for the first time. Farmers in Tien Giang province are reportedly selling the fruit at low prices, prompting concerns about profitability. Traders in Cho Gao District are buying the fruit at prices ranging from VND4,000-8,000 per kilogram. Fruit exporters attribute the price decline to reduced Chinese imports, while weak domestic demand is influenced by the availability of other tropical fruits at attractive prices. Vietnam's dragon fruit exports declined 4.4% year-on-year to $442 million in the first eight months of the year.