Vietnam's pangasius exports to UAE increased by 67% in the first quarter of 2024

Published Apr 26, 2024

Tridge summary

The UAE, a net importer of seafood products, consumes approximately 220,000 tons of seafood annually, equating to 28.6 kilos per capita, which is above the global average. The country imports around 22,000-24,000 tons of seafood from Vietnam each year, primarily in the form of frozen pangasius fillets, valued between 50-70 million USD. There is potential for increasing pangasius exports to the UAE due to its growing income and urbanization. Vietnam's pangasius exports are projected to reach 2 billion USD in 2023.

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

Original content

The Middle East country is a net importer of seafood products. According to the UN Food and Agriculture Organization, the UAE consumes around 220,000 tons of seafood products each year, with a per capita consumption volume of 28.6 kilos, higher than the global average. There is significant room to expand pangasius exports to the UAE, given this market’s rising income and rapid urbanization. Each year, Vietnam exports about 22,000-24,000 tons of seafood products to the UAE, worth around 50-70 million USD. Frozen pangasius ...

Source: Vasep