Canada is second largest consumer of Vietnamese pangasius in CPTPP bloc

Published 2024년 4월 17일

Tridge summary

Vietnamese pangasius exports to Canada have experienced significant growth, with a 7% increase to US$2.3 million in the first half of March compared to the same period last year, and a 43% increase to over US$8 million from the beginning of the year until mid-March, as reported by VASEP. Canadian consumers prefer dishes made from pangasius fillets, frozen catfish fillets, and frozen pangasius slices, despite competition from other countries like China, Thailand, and Indonesia. VASEP advises Vietnamese processors and exporters to focus on enhancing product quality and compliance with Canadian standards and regulations, and to establish stable, long-term partnerships with Canadian distributors and retailers to sustain and grow the market share.

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Original content

The first half of March saw Vietnamese pangasius exports to Canada edge up 7% to US$2.3 million against the same period last year, reported VASEP. Between the beginning of the year and mid-March, Canada imported pangasius products worth more than US$8 million from Vietnam, representing an increase of 43% against last year’s corresponding period. Compared to other markets within the CPTPP bloc, Canadian consumers prefer dishes from pangasius fillets, frozen catfish fillets, and frozen pangasius slices. Along with imports from Vietnam, Canada also purchased pangasius from other markets such as China, Thailand, and Indonesia. At present, the North American country has carried out a range of stringent inspections over imported products. To further develop the market, VASEP experts have advised processors and exporters to continue improving product quality and strictly ...

Source: WTOCenter