Pangasius exports from Vietnam to China reached year-to-date peak in June

Published 2024년 8월 5일

Tridge summary

Vietnamese pangasius exports to China and Hong Kong reached their highest value since the beginning of the year in June 2024, amounting to nearly $56 million, with a 16% increase from June 2023. Consumers in these markets prefer Vietnamese frozen pangasius fillet products, which saw an 8% increase in shipments in June 2024 compared to the same period in 2023. The export value of frozen pangasius fillets to China and Hong Kong in the second quarter of 2024 reached $92 million, marking a 1% increase compared to the same period in 2023. Despite a decrease in the average export price of Vietnamese pangasius to China in the first half of the year, the export volume of pangasius products to China grew steadily at 34%. The top five enterprises exporting the most pangasius to China include Truong Giang, Dai Thanh, Nam Viet, Hung Ca 6 and I.D.I Corp.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), China and Hong Kong continue to be the largest consumers of Vietnamese pangasius, accounting for 28% of Vietnam's total export value to all markets. In June 2024, the value of Vietnamese pangasius exports to China and Hong Kong reached its highest level since the beginning of the year, amounting to almost $56 million, up 16% from June 2023. Consumers in this market tend to favor frozen pangasius fillet products from Vietnam, with shipments valued at more than $36 million in June 2024, up 8% from the same period in 2023. In the second quarter of 2024, the value of frozen pangasius fillets (HS 0304) to China and Hong Kong reached $92 million, an increase of 1% compared to the same period in 2023. In the first half of this year, exports of frozen pangasius fillets to China and Hong Kong exceeded $158 million, down 17% year-on-year and accounting for 61% of total pangasius exports to this market. In ...
Source: Fishretail

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