China’s durian demand sees Philippines score CIIE trade deal despite heated South China Sea dispute
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The Philippines is on a mission to expand its exports to the world’s largest market for durian consumption, and it hammered that point home on Monday by hyping up a deal it made at China’s largest import expo.
One of the Philippines’ durian distributors in China, the Dole (Shanghai) Fruits and Vegetables Trading Company, signed a purchasing agreement with the Philippine embassy in China on the second day of the China International Import Expo that kicked off on Sunday and extends to Friday.
How China’s durian demand could leave bitter taste for some Asian countries
How China’s durian demand could leave bitter taste for some Asian countries
“Philippine durian is delicious, sweet – if it’s not sweet, you get your money back,” Philippines ambassador to China Jaime Florcruz said at the ceremony.
However, details of the deal remain scarce, including the value and volume of fruit products. What’s known is that it covers mainly two types of Philippine fruit – durians and papayas.
Dole said in an official statement that China has seen its durian sales record a compound annual growth rate of more than 20 per cent since 2019. And it pointed out that the value of China’s market for durian is soaring.
Bilateral trade with the Philippines fell 16 per cent from a year earlier to US$54.1 billion in the January-September period, according to Chinese customs data. And China imported US$14.36 billion worth of Philippine goods in the first nine months of this year, down 19 per cent from a year earlier.
Durians have been China’s top fruit import since 2019 by value, with major sources being Thailand, Malaysia and Vietnam.
And the Philippines is not the only country keen on further tapping the booming Chinese market.
The statement noted that China “agrees to speed up its risk assessment of fresh Malaysian durian, and both sides will cooperate on promoting quarantine inspection work”.
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Feng Xuejie, director of the Institute of Tropical Fruit Trees at the Hainan Academy of Agricultural Sciences and a researcher at the Hainan Academy of Agricultural Sciences, was quoted by the state media CCTV as saying that Hainan would only produce around 50 tonnes (110,000 pounds) of durian in 2023, accounting for only about 0.005 per cent of all the durian eaten in China this year.
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