Analysis of pangasius import and export market between China and Vietnam in August 2024

Published 2024년 9월 26일

Tridge summary

In August 2024, China imported around 15,400 tons of pangasius from Vietnam, valued at nearly 197 million yuan, marking a 3.9% increase from the same period last year. The majority of the imports were open-back pangasius, with a notable increase of 15.9% from July. Despite the market recovery, wholesale pangasius prices have remained stable. Vietnam's pangasius exports in August reached US$191 million, a year-on-year increase of 12%, with the US market seeing a significant growth of 40% compared to the same period last year, importing over US$35 million of pangasius in August 2024. China continues to be the largest market for Vietnamese pangasius, but Vietnam's total exports to China experienced a slight 2% decrease by the end of August 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the latest customs data, in August 2024, China imported about 15,400 tons of pangasius from Vietnam, about 617 containers (calculated at 25 tons/container), the same as the same period last year, an increase of 3.9% year-on-year, with a total value of nearly 197 million yuan. Among them, the import volume of open-back pangasius was 8,700 tons, while the total volume of fish fillets and fish fillets was 6,700 tons. From February to August 2024, China's total import volume of Vietnamese pangasius has steadily increased, indicating that the market is gradually warming up. It is particularly noteworthy that the import volume of open-back pangasius in August was 1.37 million tons, and the import volume of open-back pangasius was 1.25 million tons. Fish imports continued to be higher than fillets and fish fillets, up 15.9% from July. Domestic distributors reported that grilled fish chain restaurant brands have increased demand for open-back pangasius, while the sales of ...
Source: Foodmate

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