The UK is a stable market for Vietnamese pangasius

According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year. More than $5 million worth of pangasius was bought by this nation from Vietnam earlier this year, an increase of 19% from January 2023 and 17% from January 2022. Vietnam's pangasius exports to the UK fell by 16% to about $4 million in February 2024, perhaps as a result of the Tet vacation coincided in the same month. Nevertheless, compared to the same month in 2022—the year that pangasius exports hit a record high—this number is still 1.5 times larger. ITC data indicates that in January 2024, the UK imported 15,000 tons of whitefish worth USD 87 million from around the globe. Comparing this to January 2023, there has been a 12% decline in value and a 9% fall in volume. Just 8% of the world's total ...