Vietnam is exclusively supplying one species of fish to China, what kind of fish did China buy strongly at the beginning of the year?

Published 2022년 3월 18일

Tridge summary

Vietnam has seen a significant increase in seafood exports to China and Hong Kong in the first two months of 2022, with pangasius exports surging by 240%. This recovery follows a 17% decrease in 2021 due to China's zero Covid policy. However, exports to China were recently banned due to a detected SARS-CoV-2 virus, and Chinese importers are exploring other Southeast Asian markets for pangasius due to high demand. China's import regulations have changed, requiring foreign manufacturing enterprises to register when exporting 18 food groups, including aquatic products, and increasing surveillance and control. The Ministry of Agriculture and Rural Development is working on a project to promote sustainable agricultural exports to China.

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

Original content

Vietnam is the only supplier of frozen pangasius in China, due to the high demand of this market, only in the first 2 months of 2022, pangasius exports to China increased sharply. Specifically, according to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2022, seafood exports to China and Hong Kong nearly doubled over the same period last year, reaching $170 million. In which, the most breakthrough was pangasius, up 240%, crabs and crabs increased 198% and octopus squid increased 146%. After decreasing 17% in 2021, mainly due to the zero Covid policy in the Chinese market, from the beginning of 2022 until now, seafood exports to this market have recovered strongly. In January 2022, seafood exports to China - Hong Kong increased by 56%, February exports outperformed with a growth of 138% over the same period last year. In which, in the first two months of the year, seafood exports to mainland China more than doubled over the same ...

Source: Danviet