News

Pangasius exports to major markets grew strongly

Quinoa
Seafood
China
Market & Price Trends
Published Mar 7, 2024

Tridge summary

Vietnam's pangasius exports have seen a significant increase in January, with a nearly fourfold increase to China - Hong Kong reaching 52 million USD, an 83% increase to the US amounting to 18 million USD, and a 20% increase to the EU, led by the Netherlands. Other EU markets including Hungary, Spain, France, and Slovenia also reported high growth 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

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in January, pangasius exports to China - Hong Kong reached 52 million USD, an increase of nearly 4 times compared to January 2023 and an increase of 65%. compared to January 2022. With the above value, pangasius exports to China - Hong Kong accounted for 32% of total pangasius exports to markets in the first month of this year. Of which, frozen/dried pangasius products exported to China increased 6.5 times compared to the same period last year. Also in January, pangasius exports to the US reached 18 million USD, up 83% over the same period last year. In the first month of this year, the US increased imports of most Vietnamese pangasius products. In particular, processed pangasius products increased 18 times in turnover compared to the same period last year and reached 295 thousand USD. Pangasius exports to the EU also recorded positive growth in the first month of this year, with an increase of 20% ...
Source: Agriculture
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