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Brazil asked to remove barriers placed on Vietnamese seafood exports

Frozen Whole Catfish
Published Mar 23, 2024

Tridge summary

Vietnam continues to be the leading supplier of white meat fish to Brazil, despite a 51% drop in exports. The majority of these exports are pangasius, which brought in $113 million in 2023, marking a 19% increase from the previous year. However, Brazil has halted imports of tilapia from Vietnam due to concerns over the TiLV virus and has issues with the application of additive and phosphate standards for local pangasius. Meanwhile, Vietnam is seeking approval from Brazil for the import of shellless and headless frozen shrimp and the use of phosphate in pangasius meat.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

According to information provided by the Vietnam Association of Seafood Exporters and Producers (VASEP), up to 90% of seafood products that Brazil buys from the Vietnamese market are pangasius. As of mid-February, Vietnamese pangasius exports to Brazil reached US$10.5 million, a drop of 51% over the same period from last year. In the general downward trend recorded by most markets, Brazil still retains its position as the fourth largest import market of Vietnamese Tra fish, thereby accounting for nearly 7% of the proportion. According to statistics compiled by Vietnam Customs, local pangasius exports to Brazil in 2023 brought in US$113 million, an increase of 19% on-year. The South American country is one of the few markets to achieve positive growth in pangasius imports from Vietnam. While most major markets suffered a steady decline in 2023, imports from this market consistently recorded growth of two to three digits in most months of the year. In the last two months of 2023, ...
Source: WTOCenter
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