Encouraging signs for Vietnamese pangasius exports

Published 2020년 12월 10일

Tridge summary

Vietnamese pangasius exports have shown positive signs since the end of the third quarter of 2020, with increases in raw pangasius prices in the Mekong Delta due to positive imports in major markets like China – Hong Kong. Despite a decrease in export value to the US and ASEAN regions and a uncertain start to exports to the EU, pangasius exports to the UK have seen significant growth in 2020. The total export value of pangasius reached US$1 billion by the end of September 2020, a 28.6% decrease from the same period in 2019.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Encouraging signs for Vietnamese pangasius exports. Since the end of the third quarter of 2020, pangasius imports in some major markets have been positive again, especially in China – Hong Kong markets, reports the Vietnam Association of Seafood Exporters and Producers. As a result, raw pangasius prices in the Mekong Delta went up. By the end of September 2020, the total export value of pangasius reached US$1 billion, down 28.6% over the same period in 2019. Particularly in September 2020, the export value reached US$129 million, down 17.6% over the same period in 2019. China – Hongkong and the US In the first 9 months of this year, China – Hong Kong, and the US were still the two largest export markets of Vietnamese pangasius enterprises, accounting for 50% of the total export value of pangasius to 133 markets. Although still accounting for a high proportion in the structure of pangasius export, the export value to the US market has not yet recovered and stabilized after ...
Source: Fish Focus

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