Vietnam's pangasius exports are expected to recover in the last months of the year

Published 2024년 7월 26일

Tridge summary

Vietnam's pangasius export turnover hit $918 million in the first half of the year, a 5% rise from the previous year. Frozen pangasius fillets dominate the exports, making up 80% of the total. China is the top importer, followed by the US, with notable growth in the CPTPP market and countries like Brazil, Thailand, Colombia, and Saudi Arabia. Experts forecast continued demand growth, projecting total exports to reach $1.8 billion by year-end, a 6% increase.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pangasius export turnover reached $918 million in the first six months of the year, a growth of five per cent over the same period last year. Citing data from the General Department of Việt Nam Customs, the Việt Nam Association of Seafood Exporters and Producers (VASEP) said that pangasius export turnover reached nearly US$172 million in June, an increase of 20 per cent over the same period last year. Pangasius export turnover reached $918 million in January-June period, posting 5 per cent year-on-year increase. In terms of products, frozen pangasius fillets are still the main export. The product's exports reached $739 million by the end of last month, a year-on-year increase of three per cent, accounting for 80 per cent of the total. Exports of dried pangasius and other frozen products reached $162 million in the first half of this year, up 17 per cent year-on-year, accounting for 18 per cent of the proportion. Regarding the consumption market, VASEP said that China continued to ...
Source: WTOCenter

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