Avocado export: how Ghana can cash in on the growing Africa-China food trade
The global avocado market is estimated to exceed US$22 billion in 2024. While South America remains the world’s largest exporter of avocados, African countries have a bigger opportunity to catch up. Kenya has taken the lead in Africa by exporting large quantities to China.
We explore in this article, the example Kenya has set and what other agriculture-dependent countries in Africa can learn from the Kenyan experience to also tap into the Chinese market.
Among the few African nations capitalizing on the opportunity presented by the Chinese government to acquire agricultural products from Africa, Kenya stands out with her avocado export. In his address to the final Forum on China-Africa Co-operation (FOCAC) meeting in 2021, President Xi Jinping pledged to boost China’s proportion of African exports. China has surpassed all other markets to become the number two destination for agricultural products exported from Africa.
Shanghai Greechain Information Science & Technology Ltd was founded by Lu Guifeng, Vice Chair of the China-Africa Business Council, to bring agricultural products from Africa to China. In 2022, the first cargo of Kenyan avocados landed in China. The export of avocados from Kenya is her most notable arrangement to date. A delegation led by the president of Kenya signed a deal with Greechain to sell agricultural products from Kenya to China. Kenya exported avocados worth $64 million to China from February to May 2023.
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