In the first nine months of this year, Vietnam's pangasius exports to mainland China and Hong Kong increased by 15% year-on-year

Published 2023년 11월 6일

Tridge summary

Vietnam's pangasius exports to mainland China and Hong Kong in the third quarter of 2023 reached $153 million, a 5% decrease from the previous year. However, in September, there was a 15% year-on-year increase in pangasius exports to the region, marking the first positive growth since February. The average price of pangasius exported from Vietnam to China also decreased by 14% compared to the same period in 2022.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to news from SeafoodSource on October 31, in the third quarter of 2023, Vietnam’s pangasius exports to mainland China and Hong Kong were US$153 million, a year-on-year decrease of 5%. As of the end of September, pangasius sales in mainland China and Hong Kong were US$434 million, a year-on-year decrease of 26%. In September this year, Vietnam’s pangasius exports to mainland China and Hong Kong were worth US$56 million, a year-on-year increase of 15%. This was the first time since February this year that positive growth had returned. Exports to mainland China were US$53 million, a year-on-year increase. 16%. In the first nine months of 2023, the export value of HS0304 frozen pangasius fillets and fish pieces to mainland China and Hong Kong was US$290 million, a year-on-year decrease of 34%, accounting for 66.9%. Secondly, fresh/frozen/dried pangasius products, Whole and cut fish (except fish with code 0304) accounted for 33%, with an export value of US$143 ...

Source: Foodmate