Seize new opportunities for walnut export

From January to February of this year, China's walnut exports have continued their rapid growth since the second half of 2019, providing new ideas for the continuing downturn in the walnut industry. Walnut foreign trade may become a new opportunity for the development of walnut industries in various provinces. It is recommended that all provinces should seize new opportunities in foreign trade exports, and lead the transformation and upgrading of the walnut industry standardization. Besides, they need to focus on the "two major markets" at home and abroad to improve quality and enhance competitiveness, and promote the quality and efficiency of the walnut industry from the outside.

Since the beginning of this year, due to the epidemic situation, the consumption of walnuts has declined and prices have continued to fall. From January to February 2020, the national walnut kernel price index fell by 39.87. In the same period (January-February), Customs statistics show that China ’s walnut exports (walnut nuts and walnut kernels) totaled 13,359 tons, compared to increase 48.7% last year. It can be judged that the demand for Chinese walnuts in the overseas market continues to grow.

There are two main reasons for the substantial increase in China's walnut exports. On the one hand, quality improvement. The main walnut production areas are constantly improving the level of standardization, scale and variety in planting management, and the quality of walnuts is gradually improved, gaining attention and recognition from overseas markets. The other reason is the price advantage. The sluggish domestic market and the continued decline in prices have allowed Chinese walnuts to gain a competitive advantage in the international market in terms of price, and export volume has also increased significantly.

Source: XHF.com