News

Vietnam: Pangasius exports increased slightly in September 2023

Seafood
Frozen Whole Catfish
Vietnam
Market & Price Trends
Published Nov 7, 2023

Tridge summary

Vietnam's pangasius exports in the first 9 months of 2023 reached nearly $1.4 billion, a 31% decrease compared to the same period in the previous year. The main export product was pangasius with HS code 0304, accounting for 82% of exports. While some markets like China & Hong Kong and the EU experienced positive growth in September, other markets like the US and CPTPP saw declines in pangasius imports.
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

Accumulated in the first 9 months of 2023, Vietnam's pangasius exports reached nearly 1.4 billion USD, down 31% over the same period last year. In particular, the main export product is pangasius with HS code 0304 (except fish cakes and surimi products) reaching 1.1 billion USD, accounting for 82%. In September 2023 alone, exports to other markets reached 135 million USD, down 4% compared to the same period in 2022. This is the lowest decline since the beginning of this year, followed by live/fresh/frozen/dried pangasius products (HS code 03) (except HS code 0304) reaching 222 million USD, accounting for 16% and other processed pangasius (HS code 16) reached 22 million USD, accounting for 2%. Regarding the consumption market, in September 2023, Vietnam’s pangasius exports to main markets like China & Hong Kong, EU, Brazil, Mexico,... recorded positive double-digit growth. In addition, the US market, CPTPP, Korea, Singapore,... recorded a decline of 3% to 54% compared to the same ...
Source: Vasep
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