Vietnam: Pangasius exports to the US increased sharply

Published 2021년 6월 9일

Tridge summary

The article highlights the growth in pangasius exports to the US, with Vietnam being the largest supplier, accounting for nearly 90% of total US catfish imports. This increase in imports is due to a sharp decrease in imports from China and depleted US inventories. Other countries like Brazil, El Salvador, Norway, South Korea, Guinea, Sierra Leone, Nigeria, and Burma also contribute to US pangasius imports. The future of pangasius exports depends on the US and Chinese markets, with the US showing signs of continuing to increase imports from Vietnam.

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Original content

Up to now, the export value of pangasius over the past 5 months to the US market is growing steadily and there are many signs of positive revival in the import of US pangasius products. VASEP said that currently, Vietnamese pangasius exporters mainly export frozen pangasius fillets, pangasius pieces, frozen chunks, frozen pangasius fillets, whole pangasius with heads and chunks. frozen, dried pangasius skin, breaded pangasius fillet, dried pangasius to the US market. According to the latest statistics of the International Trade Center, China and Vietnam are the two largest suppliers of white fish to the US market. In particular, China continues to hold a larger market share in the US with tilapia products as the strength, accounting for 33-48% of total imports of white fish. Since February 2021, US tilapia imports from China have fallen sharply by 20-24% compared to 2020. In the first 3 months of this year, the total volume of frozen pangasius imports from the US increased by 8%; ...

Source: Vietnambiz