Vietnam pangasius exports to Germany continue to grow

Published 2023년 7월 14일

Tridge summary

Germany has seen a positive double-digit growth in Vietnamese pangasius imports in the early months of 2023, with the export value reaching over $17 million USD, up 53% from the same period last year. In 2022, Germany accounted for 14% of the share in the EU market for Vietnamese pangasius, making it the second-largest import market after the Netherlands. The inflation rate in Germany has fallen to 6.4%, leading to changes in seafood consumption habits, with Germans opting for frozen seafood to save costs.

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Original content

Germany is one of the few markets that keeps a positive double-digit growth in Vietnamese pangasius imports in the first months of 2023. From the beginning of the year to June 15, 2023, the export value of pangasius to Germany reached more than 17 million USD, up 53% over the same period last year and accounting for 2.1% of the total export value of Vietnamese pangasius to other countries. market. In 2022, Germany is in the top 2 import markets of Vietnamese pangasius in the EU after the Netherlands, accounting for 14% of the share in the EU market with nearly 30 million USD, an increase of 169% compared to 2021. In June 2023, the inflation rate of Europe's largest economy fell to 6.4%. Compared to May 2023, this number has increased slightly due to support measures taken by the German Government such as reducing fuel taxes to offset rising energy costs after the outbreak of the Russia-Ukraine conflict, or launching issuing tickets for public transport,... has ended. Inflation ...

Source: VNRuralEconomics