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PH durian production to expand after $US2 billion export deal with China

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ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img alt="Photo by Hernel Tocmo" src="https://sa.kapamilya.com/absnews/abscbnnews/media/2023/business/02/03/02042023-ph-durian-production-expand-after-export-deal-with-china.jpg"/><figcaption><em>Photo by Hernel Tocmo</em></figcaption></figure></div><p>DAVAO CITY — Known as the “king of fruits” with its distinct smell, huge size, and unique texture, durian has been associated with Davao City as it is abundant here.</p><p>The Philippines is just one among several countries in Southeast Asia that export the fruit. Its durian mainly goes to Hong Kong and South Korea.</p><p>This January, a $US2 billion fruit export deal to China was forged.</p><p>Around 54,000 metric tons of durian will be exported.</p><p>The Department of Agriculture (DA) said the deal will have a huge impact on the agricultural industry of the Philippines.</p><p>“Because it’s China that we’re talking about and China is the biggest market in the world, so kung bibili sila ng pagkarami-rami, marami rin ang makikinabang na durian growers and in the durian business,” said Abel James Monteagudo, the executive director of DA Region XI.</p><p>At least 10,000 job opportunities are expected to be available after the expansion.</p><p>According to the Durian Industry Association, up to $US150 million in revenue is expected during the first year of exportation.</p><p>The competition, however, is still strong against other Southeast Asian countries like Thailand, which is known to be the biggest durian producer. </p><p>For the previous year, the price of fertilizers increased, affecting the product of durian.</p><p>The DA said it eyes to increase the selling price of durian as a solution.</p><p>“Kaya nga we have to position ourselves sa pricing ng pagbenta nito kasi considered kaagad yung inputs mo. Dapat babawi ka talaga kasi maganda ang price at magkaigihan,” Monteagudo said.</p><p>The durian to be exported will come from the 65 registered growers in Davao City, Davao del Sur, and North Cotabato.</p><p>The DA is looking into potential areas for expansion to sustain a huge supply of the fruit and the exportation.</p><div><strong>— Report from Chrislen Bulosan</strong></div><div><strong>RELATED VIDEO</strong></div><figure class="op-interactive"><iframe height="315" src="https://www.youtube.com/embed/ENl4HcveqP0?enablejsapi=1" width="560"></iframe></figure><div class="iwantbar">Watch more News on <a href="https://www.iwanttfc.com/#!/browse/Genres/News/tag_id_genres/id_news" target="_blank">iWantTFC</a></div>

This January, a $US2 billion fruit export deal to China was forged.