China suddenly increased its purchase of butterfly-cut whole pangasius from Vietnam

Published Feb 14, 2023

Tridge summary

In 2022, Vietnam's pangasius exports to China and Hong Kong saw a significant increase of 58%, reaching 712 million USD, with the majority of the exports being frozen pangasius fillets and butterfly-cut whole pangasius. China's main localities importing these products are Guangdong, Shandong, and Shanghai. China's seafood import turnover is projected to rise again in 2023, with imported frozen fish accounting for 45.4% of total seafood imports in 2022. Overall, China's total seafood imports in 2022 reached 4.54 million tons, marking a 25.1% increase from the previous year.

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

Original content

According to the Vietnam Association of Seafood Exporters and Producers, in 2022, Vietnam's pangasius exports to China and Hong Kong will reach 712 million USD, up 58% compared to 2021. The two main product lines exported to China are frozen pangasius fillets, accounting for over 74% of the value with USD 531 million, and frozen butterfly-cut whole pangasius, accounting for over 25% with nearly USD 180 million. Ms. Le Hang, Communications Director of VASEP, said that in the main markets of importing Vietnamese pangasius, the Chinese market has the highest demand for importing frozen butterfly-cut whole pangasius. In the past 5 years, the trend of importing this product has increased more strongly than that of frozen pangasius fillets. While exports of frozen pangasius fillets to China increased by 84% from 2018 to 2022, exports of frozen butterfly-cut whole pangasius increased by 143%. The localities in China that import the most frozen whole pangasius products from Vietnam ...

Source: Danviet