Fruit and veg gaining value for China
- By Dominique Patton
11/30/2006 - China, producer of half the world's fruit and vegetables,
is set to overtake the Netherlands in the next two to three years to
become the world's third biggest fresh produce exporter in value
terms, predicts a new report from agriculture specialists at Rabobank.
The country, which exploits low labour costs to become the dominant
grower of produce like persimmons, pears and asparagus, exported fruit
and vegetables worth US$7.2 billion last year, according to data from
Rabobank and the United Nations.
This amounted to 7.19 per cent of the global trade, behind the
Netherlands, the US and top exporter Spain.
Increasing volumes of fruit and vegetable exports, particularly to
currently small markets like the EU and US, are expected to drive this
increase in value, in combination with stronger sales of higher
"The proportion of added-value processed and prepared products
compared to fresh has been increasing," said Patrick Vizzone, head of
the bank's food and agricultural advisory and research unit for Asia.