China remains largest importer of Vietnamese tra fish

From January 2020 to November 2020, China continues to occupy the largest exports of Vietnamese tra fish, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Initial statistics from VASEP showed that Vietnam’s total revenue from tra fish exports to mainland China and Hong Kong reached USD 385.9 million in the first 11 months of 2020, accounting for 34.4% of Vietnam’s total revenue from tra fish exports.

The 11-month export revenue of tra fish to China decreased by 20.6% over the same period in 2019 mainly due to the impacts of the COVID-19 pandemic.

The number of tra fish processing and exporting enterprises to China also accounts for the largest number of tra fish enterprises.

Vietnam exports a diverse range of tra fish products to the Chinese market including frozen fillet, frozen tra fish stomach, fried/dried fish bladder, frozen whole tra fish, frozen tra fish belly, among others.

VASEP said that since the end of the third quarter of 2020, the import of Vietnamese tra fish from some major markets has seen positive signals, helping to increase prices of raw tra fish materials.