Pangasius exports of Vietnam: Two polar opposites between the US and China markets
Frozen Whole Catfish
Frozen Catfish Fillet
China
United States
Vietnam
Published Nov 26, 2021
Tridge summary
Two extremes of pangasius exports According to the Association of Seafood Exporters and Producers (VASEP) in October, the export value of pangasius reached USD 136 million, down 20% over the same period in 2020. As of the end of October, , the total export value of Vietnam's pangasius reached 1.2 billion USD, equivalent to the same period last year. In which, export processed pangasius products decreased by more than 50%. Notably, the US is the brightest part in the picture of Vietnamese pangasius exports this year.
Original content
Two extremes of exporting pangasius According to the Association of Seafood Exporters and Producers (VASEP) in October, the export value of pangasius reached 136 million USD, down 20% over the same period in 2020. By the end of October, Vietnam's total pangasius export value reached 1.2 billion USD, equivalent to the same period last year. In which, export processed pangasius products decreased by more than 50%. Notably, the US is the brightest part in the picture of Vietnamese pangasius exports this year. In October alone, the export value of pangasius to the US reached 42 million USD, the highest level in the top 10 pangasius import markets of Vietnam and doubled compared to September. Accumulating 10 months, the total export value of pangasius to this market reached 290 million USD, up 47% over the same period last year. In the bright scenario, pangasius exports to the US still maintain a good performance in the fourth quarter, the US is likely to return to the position of the ...
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