Fruit importers are facing a growing but often overlooked threat to profitability: currency volatility, with fluctuations of just 3–5% capable of erasing the full margin on a shipment.

New insights from cross-border payments platform Verto highlight how foreign exchange (FX) movements during typical 30–60-day shipping cycles are increasingly impacting landed costs, pricing stability, and working capital across the global fruit trade.

While supply chain conversations have traditionally focused on logistics, freight and sourcing, financial risk is becoming a much more significant and often under-managed factor.

The challenge is particularly pronounced for importers operating across multiple currencies. Produce is often purchased in USD or EUR, while revenues are generated in local markets, creating a mismatch that exposes businesses to exchange rate movements throughout the shipment lifecycle.

At the same time, traditional banking infrastructure continues to add friction to cross-border trade. Payments routed through correspondent banking networks can take several days to settle, limiting visibility, delaying supplier payments, and tying up working capital.

By contrast, newer fintech platforms are enabling a shift towards faster and more transparent financial operations. Cross-border payments can now be processed significantly faster than traditional banking systems, with settlement times often reduced to under 48 hours.

This shift is not only improving operational efficiency but is also starting to influence supplier relationships.

“For too long, the fruit industry has focused almost exclusively on the physical supply chain, logistics and freight, while the financial supply chain has remained a silent profit-killer. When a mere 3% shift in exchange rates can entirely wipe out the margin on a shipment, FX management is not just a treasury function: it is a core component of operational survival.

“We’re seeing that the most resilient importers are those treating currency volatility with the same rigour they apply to cold-chain integrity,” says James Booth, Head of Revenue at Verto.

In tighter harvest periods, growers are increasingly prioritising buyers who can offer faster and more predictable payment. As a result, payment speed is becoming a key factor in securing supply and not just an administrative process.

These findings are outlined in Verto’s latest whitepaper, The Hidden Cost of Currency, which explores how fruit importers can strengthen supply chain resilience through structured FX hedging and more efficient payment infrastructure. (A copy of the whitepaper is attached.)

As global trade becomes more volatile, the report highlights a broader shift: financial infrastructure is becoming just as important as logistics in maintaining competitiveness.