The Import-Export Department (Ministry of Industry and Trade) cited statistics from the Korea International Trade Association (KITA) saying that Korea's import of mangoes (HS 08045020 ) in the first 9 months of 2023 reached 23.6 thousand. tons, worth 95 million USD, up 14.7% in volume and 8.4% in value over the same period in 2022.
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Vietnam is the third largest mango supply market for Korea |
The average imported mango price in the first 9 months of 2023 reached 4,026.7 USD/ton, down 5.4% over the same period in 2022.
Thailand and Peru are the two main markets supplying mangoes to Korea in the first 9 months of 2023, with volumes accounting for 80.3% of total imports.
Of which, the Thai market is leading with 13 thousand tons, worth 38.7 million USD, up 30.1% in volume and 17.1% in value compared to the same period in 2022; followed by the Peruvian market with 5.9 thousand tons, worth 31.5 million USD, down 16.1% in volume and 16.3% in value.
Vietnam is the third largest mango supply market for Korea, however imports from Vietnam only account for 7.3% of Korea's total mango imports in the first 9 months of 2023, reaching 1.7 thousand tons. , worth 7.2 million USD, up 19.6% in volume and 18.1% in value over the same period in 2022.
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Market supplying mangoes to Korea in the first 9 months of 2023 Source: Korea International Trade Association (KITA) |
Mangoes are considered to have export potential to demanding markets, contributing to the development of Vietnam's agricultural industry. However, in the Korean market, Vietnamese mangoes still account for a low proportion, so there is still a lot of room to boost exports of this product to Korea in the near future.
According to freshplaza.com, Korea is increasingly shifting its focus to tropical fruits. Seasonal fruit in Korea will change a lot in the coming decades, as warmer temperatures will gradually reduce the cultivated area for popular fruit crops here.
Apples, grapes and pears may gradually decrease in the Korean market, while tropical fruits such as mango and passion fruit will become increasingly important in this market.