A fish species of Vietnam holds a unique position in United States and is expensive in China
Frozen Whole Catfish
Vietnam
Published Nov 10, 2022
Tridge summary
According to statistics of the General Department of Customs, the export of pangasius by the end of October 2022 has reached over $2.2 billion. In particular, in October 2022 alone, pangasius exports were estimated at US$218 million, up 60% over the same period in 2021.
Original content
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in 2022, inflation and the Russia-Ukraine conflict have helped pangasius, this moderately priced white fish species, sharply increase export sales. markets. Most of the markets have increased from 40 to 200% of Vietnam's pangasius imports. The two markets that dominate Vietnam's pangasius export trend are China accounting for 30%, the US accounting for 23%. After a hot increase in the first half of the year, increased inventories and congestion at import ports reduced US demand. According to statistics of the US Department of Agriculture, in the first nine months of this year, the country imported 104,500 tons of frozen pangasius fillets, worth US$445.2 million, up 24% in volume and 91% in value over the same period last year. last year. The average import price of frozen pangasius fillets to the US market in the first nine months of this year reached $4.26/kg, up 53% compared to the average import ...
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