China's Grape Exports Soars over the Second Consecutive Year, Peaking at $1.2B
Jul 27, 2021
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China's grape exports hit record highs, reaching 425K tons, or $1.2B in 2020. The skyrocketing growth in grape shipments has been recorded for the second consecutive year. Thailand, Vietnam and Indonesia constitute major foreign markets for Chinese grapes, together comprising near 70% of imports. The Philippines emerges as the fastest-growing export destination due to the swift growth in supplies from China over the last two years. The average export price increased by +6% last year, growing gradually over the last three years.