Brazil asked to remove barriers placed on Vietnamese seafood exports

According to information provided by the Vietnam Association of Seafood Exporters and Producers (VASEP), up to 90% of seafood products that Brazil buys from the Vietnamese market are pangasius. As of mid-February, Vietnamese pangasius exports to Brazil reached US$10.5 million, a drop of 51% over the same period from last year. In the general downward trend recorded by most markets, Brazil still retains its position as the fourth largest import market of Vietnamese Tra fish, thereby accounting for nearly 7% of the proportion. According to statistics compiled by Vietnam Customs, local pangasius exports to Brazil in 2023 brought in US$113 million, an increase of 19% on-year. The South American country is one of the few markets to achieve positive growth in pangasius imports from Vietnam. While most major markets suffered a steady decline in 2023, imports from this market consistently recorded growth of two to three digits in most months of the year. In the last two months of 2023, ...