Vietnam: Pangasius exports show signs of recovery

After the first months of the year, pangasius exports declined, up to this point, pangasius exports have shown signs of recovery, with markets increasing imports, causing pangasius export turnover to skyrocket. . Statistics from Vietnam Customs show that pangasius export turnover in the first 5 months of this year is estimated at 725 million USD, up 2% over the same period last year. According to the Vietnam Association of Seafood Exporters and Producers (Vasep), the largest import market for Vietnamese pangasius currently is the US, followed by China, Europe and some other South American markets. Among Vietnamese pangasius products, the US is currently increasing imports of processed pangasius, with value added 8.5 times over the same period last year. Meanwhile, frozen pangasius entering the US market decreased due to reduced consumer demand. Frozen pangasius fillets are still the main product of pangasius exports to the US. By the end of May, exports of frozen pangasius fillets ...