Vietnam bird’s nest products have opportunities to enter Chinese market
With the effectiveness of the protocol with China, the bird's nest industry has many opportunities for development.
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The first batch of Vietnamese bird's nests has smoothly gone through customs at the Youki Guan international border gate in Pingxiang City, the Guangxi Zhuang Autonomous Region of China, to enter China, according to Chinese media.
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| The first batch of Vietnamese bird's nests has smoothly gone through customs at the Youki Guan international border gate in Pingxiang City, the Guangxi Zhuang Autonomous Region of China, to enter China, according to Chinese media. |
The batch comprises 100kg of bird's nests worth 907,000 RMB (over 126,00 USD).
China is the world's largest bird’s nest consuming market with a demand of more than 300 tonnes per year, accounting for about 80 per cent of the global consumption.
Chinese data showed that China imported 220 tonnes of bird’s nests in 2020, more than 300 tonnes in 2021, and 425 tonnes in 2022, mostly from Indonesia, Malaysia, Thailand, and now Vietnam.
In Vietnam, swift farming for nests for commercial purposes is a new industry, which started in 2004 in southern provinces and has since developed rapidly over the last decade.
Currently, 42 out of 63 provinces engage in bird's nest farming with over 22,000 bird's nest houses. Vietnam's annual bird's nest output is about 150 tonnes worth over 600 million USD. With the effectiveness of the protocol with China, the bird's nest industry has many opportunities for development.
Following durian and dragon fruit, the export of bird’s nests from Vietnam to China is expected to bring high export value for the country.
(Source: VNA)
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