Vietnam is supplying exclusively catfish to China

Published 2022년 2월 13일

Tridge summary

The Vietnam Association of Seafood Exporters and Producers (VASEP) forecasts a growth in pangasius exports in 2022, with the China - Hong Kong market being a potential area for growth. Pangasius exports to this market have shown positive growth since the end of 2021, despite trade barriers. However, the Zero Covid policy in China has led to increased control of imported goods, causing difficulties for pangasius exports. Vietnam's pangasius production is expected to decrease by 0.2 million tons in 2022, leading to a decrease of 4.6% in global pangasius production.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), pangasius exports are forecast to grow again in 2022 and the China - Hong Kong market is still a potential area for pangasius exports. According to VASEP, from the end of 2021, pangasius exports to China - Hong Kong (China) market have grown again. According to VASEP, in November 2021, pangasius export value to China - Hong Kong market doubled compared to the previous month and increased by 17.4% over the same period in 2020. Thus, after the first three quarters In the year when exports to this market were unstable, the last quarter of the year showed signs of positive growth. As of the first half of December 2021, the total value of pangasius exports to China - Hong Kong reached US$416 million, down 17% over the same period last year. This decrease in pangasius exports to China is due to the fact that during the first three quarters of 2021, not only Vietnamese pangasius processors but also Russian ...
Source: Danviet

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