Vietnam's pangasius exports have reached US$1.8 billion, and the Chinese market continues to dominate

Published 2024년 12월 18일

Tridge summary

Vietnam's pangasius exports have seen a 10% year-on-year increase, reaching $1.8 billion from January to November 2024. The growth is primarily driven by the Chinese and Hong Kong markets, with a 27% year-on-year increase in November 2024. The US market also shows a significant growth with a 14% year-on-year increase in November 2024. The EU, Thailand, US, UK, and Colombia markets have also shown positive growth trends. Despite global market uncertainties, Vietnam's pangasius exports are expected to continue their growth momentum into the future.

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

Original content

According to the latest data released by the General Administration of Vietnam Customs, from January to November 2024, Vietnam's pangasius exports have reached 1.8 billion US dollars, a year-on-year increase of 10%. Thanks to the steady growth in demand in major markets, especially the strong performance of the Chinese and Hong Kong markets, Vietnam's pangasius exports have shown a good growth trend. Among them, the Chinese and Hong Kong markets continue to be the largest export destinations for Vietnamese pangasius. In November 2024, Vietnam's pangasius exports to the Chinese and Hong Kong markets reached 50 million US dollars, a year-on-year increase of 27%. From the cumulative data, from January to November, Vietnam's total exports to the Chinese and Hong Kong markets have exceeded 500 million US dollars, a year-on-year increase of 1%. Although the increase is not large, this result shows that the demand for Vietnamese pangasius in the Chinese and Hong Kong markets remains ...

Source: Foodmate