Vietnam's pangasius exports grow positively in the UAE market

The United Arab Emirates is one of the customers consuming a lot of Vietnamese pangasius. Vietnam is also the largest source of pangasius in this market, accounting for 40 - 50% of the market share in the UAE. Pangasius exports to this West Asian country continue to receive strong acceptance and growth, even when the CEPA Trade Agreement - the first free trade agreement Vietnam negotiates with a country in the region The Middle East and Africa have not yet been signed. According to data from Vietnam Customs, in May 2024, Vietnam's pangasius export turnover to the UAE reached more than 2 million USD, an increase of 40% compared to May 2024. Cumulative pangasius exports in the first 5 months of this year to this market reached more than 11 million USD, up 47% over the same period last year. The main product of the pangasius industry exported to the UAE is still frozen pangasius fillets with code (HS 03046200). By the end of May 2024, exports of this product to the UAE reached about ...