Businesses from the southern province of Ben Tre have found new markets for their coconut products in the Republic of Korea, China’s Taiwan and Eastern Europe.
Businesses from the southern province of Ben Tre have found new marketsfor their coconut products in the Republic of Korea, China’s Taiwan andEastern Europe.
This is an optimistic result of localefforts to reduce reliance on the Chinese market which previouslyaccounted for between 40-50 percent of the province’s coconut exportvalue, head of the Export Management section under the provincialIndustry and Trade Department Nguyen Van Phong said at a review meetingon July 16.
In the first half of this year, the provinceearned 27.32 million USD from sales of farm produce, mainly coconut andcoconut products, to China, accounting for 9.69 percent of the totalexport revenues. The ratio for the entire year is projected to standaround 15-20 percent.
According to Deputy Director of LuongQuoi coconut processing company Huynh Thi Cam Chau, canned coconut milkand desiccated coconut are selling well in the Middle East and the US.
The provincial Department of Industry and Trade has askedbusinesses to enhance processing capacity and diversifying products forboth domestic and foreign consumption, while limiting shipments of freshcoconuts to China.-VNA
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