Cambodian officials are hoping to capitalize on China’s appetite for dragon fruit, with exports to China growing by 77 percent on year in the first quarter of 2021.
Dragon fruit was the sixth most popular fruit import in China last quarter, with shipments valued at $165 million.
Yaing Siang Koma, the founder of the Cambodian Center for Study and Development in Agriculture, has committed to helping grow a million dragon fruit trees on 1,000 hectares of land in Sambor Neak, Preah Vihear province, to supply the international market.
The project is expected to will eventually create 3,000 to 10,000 jobs locally.
Last year, neighboring Vietnam exported over $1 billion of dragon fruit to the Chinese market despite a drop in demand in China.
The Ministry of Industry and Trade of Vietnam reported that over 80 percent of dragon fruit from the country is sent to China and 99 percent of all dragon fruit sold in China is from Vietnam.
Demand is expected to rise post-COVID.


Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report
Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data
Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data
Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets
South Korea Warns Weak Won Could Push Inflation Higher in 2025
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Blackstone Leads $400 Million Funding Round in Cyera at $9 Billion Valuation
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge
Shell M&A Chief Exits After BP Takeover Proposal Rejected
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit
Treasury Wine Estates Shares Plunge on Earnings Warning Amid U.S. and China Weakness
Japan PMI Data Signals Manufacturing Stabilization as Services Continue to Drive Growth
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty
Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains 



