Durian, coffee and bird’s nest – those are the three most popular Malaysian products that the Chinese are eyeing. Other products well received during the Food, Hotel, Catering China expo at the Shanghai New International Exhibition Centre were confectioneries, food sauces and pastes…Full Article: The Star Online Post Nov 2016
- From January to August 2016 (first 8 months), Chinese imports of Malaysian palm oil totaled RB3.13 billion [~US$762 million].
- In 2015, according to Malaysia’s International Trade and Industry Minister Malaysia exported RM1.5 billion [~US$386.2million] worth food and beverage goods to China, of which RM253 million [~US65.1 million] were coffee products and RM23.5 million [~US$6 million] was durian products.
- In April 2016, Malaysia’s Deputy Chief Minister stated he would lead a business delegation from Penang to the Fourth China-South Asia Exposition (June 12 to 17, 2016).
- Grown throughout Southeast Asia where it is known as the “king of fruits”, durian was the number one re-exported fruit in terms of total volumes. In 2014, Hong Kong imported ~358,200 MTs of durian and exported ~332,500 MTs, meaning roughly 93% of all imports were shipped to mainland China. When considering all shipment volumes from 2010 to 2014, Hong Kong re-exported 89% of all imports on average. Equally as impressive is that Thailand had a near monopoly on the Hong Kong durian trade. Thai supply has steadily increased over time, denoting healthy market growth. In 2014, Hong Kong’s durian imports totaled just under US$280 million.
Hong Kong Trends