Chinese garlic exports to Vietnam in large quantities and low prices

The export of Chinese garlic to Vietnam is at risk of being restricted

In the first 10 months of this year, Vietnam spent 63 million U.S. dollars to import Chinese garlic. At the same time, the local garlic continued to be sold at a low price which hasn't improved yet. Local experts warned that the authorities and regulatory agencies should pay more attention to it. Perhaps the relevant Vietnamese authorities will introduce restrictions on Chinese garlic.

In the first 10 months of this year, Vietnam imported 315 million U.S. dollars worth of fruits and vegetables from China, of which garlic alone accounted for 20%, reaching 63 million U.S. dollars. The market survey in Ho Chi Minh City shows that among the fruit and vegetable products imported from China, garlic is the best-selling commodity in the traditional Vietnamese market.

For many years, local restaurants in Ho Chi Minh City have also liked buying Chinese garlic, because compared with many types of garlic in Vietnam, it is not only of good quality, but sells at half the price. However, it is worth noting that the sales price of the same imported Chinese garlic in different places in Vietnam varies greatly. Some places sell 30,000 VND/kg (8.6 RMB/kg), and some places sell 60,000 VND/kg (17 RMB /kg).

Because of the great difference in selling prices, Chinese garlic is overwhelming Vietnamese garlic. Small vendors also admit that because of the low price, Chinese garlic is easier to sell. They generally don't buy local Vietnamese garlic because they often can't distribute it. Due to the restricted sales, the volatility of garlic prices in Vietnam is worrying.

Relevant authorities in Vietnam pointed out that because Chinese garlic is cheap and widely available, there is no room for Vietnamese garlic. At the same time, many merchants import Chinese garlic but pretend to be Vietnamese garlic. With the support of market protectionism, they make a big profit.

Many experts have begun to suggest that China is currently strengthening the supervision and technical requirements of imported Vietnamese agricultural products, and it is becoming more and more difficult for Vietnamese agricultural products to be exported to China. Why is Vietnam allowing Chinese agricultural products to come to Vietnam? Actions should be taken to prevent the "invasion" of Chinese garlic and Chinese agricultural products. In the face of this situation, it is not ruled out that Vietnam will strengthen countermeasures against Chinese garlic and other agricultural products in the future.

Source: Dsdss

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