Vietnam's pangasius exports to the UK market slightly decreased

Published 2023년 9월 13일

Tridge summary

Pangasius exports to the UK market in the first half of August 2023 decreased by 41% compared to the same period last year, while cumulative exports until August 15 were down 2.4% compared to 2022. The main product exported to the UK is frozen cut pangasius fillet, which saw a 15% decrease in value in the second quarter of 2023. The UK economy faces challenges including high inflation and unfavorable external conditions, but there are expectations that new steps in diplomatic relations between the UK and Vietnam will create more opportunities for seafood exports, including pangasius.

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

Original content

Source: congthuong.vn In the first half of August 2023, pangasius exports to the UK market reached nearly 2 million USD, down 41% compared to the same period last year (more than 3 million USD), accounting for 3% of the proportion. Cumulatively until August 15, 2023, pangasius exports to this market reached nearly 42 million USD, down 2.4% over the same period in 2022 - a lighter decline than the sharp declines in the past. Exporting pangasius to major markets such as the US, EU, and China. Frozen cut pangasius fillet product with code HS 0304 is still the main product exported to the UK market, the value in the second quarter of 2023 reached more than 15 million USD, down 15% over the same period last year. Total pangasius export turnover to the UK in the first 6 months of the year reached 33 million USD, recording a positive growth of 2.9% over the same period last year. The average price of pangasius exports to the UK in the first 7 months of the year continuously fluctuated ...

Source: AgroInfo.vn