At the end of the year, pangasius exports to China grew again

Published 2022년 1월 21일

Tridge summary

The article highlights a 17% decrease in pangasius exports to China-Hong Kong in the first half of December 2021, with a total value of 416 million USD, primarily due to trade barriers and reduced processing capacity because of Covid-19 precautions. These issues have affected not only Vietnamese pangasius processors but also exporters of other seafood products like Russian pollock, Norwegian salmon, and Indian shrimp. Despite these challenges, Vietnam remains one of the top three suppliers of white fish products to China-Hong Kong. However, there is an expectation for an increase in pangasius imports in the future, as Chinese importers are planning to increase purchases and Chinese ports have announced the reopening of cargo ports to promote trade.

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

Original content

As of the first half of December 2021, the total value of pangasius exports to China - Hong Kong reached 416 million USD, down 17% over the same period last year. This decrease in pangasius export results to China is due to the fact that during the first three quarters of this year, not only Vietnamese pangasius processors but also Russian pollock or Norwegian salmon and Indian shrimp exporters. India is also facing difficulties due to trade barriers that it has put in place to prevent and reduce the rate of imported seafood products. China has repeatedly increased measures to test imported food to test for Covid-19. Moreover, from the beginning of 2021, pangasius processing enterprises face more difficulties when processing capacity decreases, many processing factories are forced to reduce capacity to prevent the risk of Covid-19 infection in the environment. work. From farming, fishing, transportation, trading, and import-export activities, there are obstacles, hundreds of ...

Source: AgroInfo.vn