Vietnam's pangasius exports to Brazil increased 44% year-on-year in the first quarter

Published 2024년 5월 20일

Tridge summary

Brazil's imports of Vietnamese frozen pangasius fillets have varied in value and volume throughout the first quarter of the year. In January, imports reached 14 million US dollars, a significant increase from the previous year, but fell to 6 million US dollars in February and rose again to 8 million US dollars in March. The average price of Vietnamese pangasius in Brazil hit a low in February since 2022, with a 12-14% decrease in average export price compared to the previous year. The total export volume of Vietnamese pangasius to Brazil in the first quarter saw a 79% increase year-on-year, with January being the month with the highest exports.

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Original content

In January, the export value was 14 million US dollars, an increase of 83% year-on-year, in February, the export value was 6 million US dollars, a decrease of 6% year-on-year, and in March, the export value was 8 million US dollars, an increase of 48% year-on-year. Brazil almost only imports HS0304 frozen pangasius fillets from Vietnam. In February, the average price of Vietnamese pangasius to Brazil was US$2.67 per kilogram, the lowest level since 2022. The average export price in the first quarter fell by 12%-14% year-on-year. In January-March, the export volume of Vietnamese pangasius to Brazil was 7,000 tons, an increase of 79% year-on-year. January was the single month with the most exports in the first quarter, reaching more than 3,000 tons, an ...

Source: Foodmate