Vietnam: Positive signal of fish exports to the Middle East in 2023
Vietnam
Published Dec 8, 2022
Tridge summary
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), by the end of November 2022, with sales of nearly 290 million USD from Vietnam, the Middle East market has had an impressive growth rate, up 44 % and accounts for nearly 3% of total seafood exports.
Original content
The main seafood products exported to the Middle East market include pangasius, accounted for 44%, tuna accounted for nearly 30%, shrimp accounted for 16%, other marine fishes and squid and octopus accounted for 10%. Notably, pangasius is the item with the highest export value to the Middle East and the strongest increase in the past 11 months, with nearly 127 million USD, up 66% over the same period last year. This market segment accounts for nearly 6% of Vietnam's pangasius exports in 2022. Frozen pangasius fillets with HS code 0304 accounted for 91% of pangasius export value to Middle East countries, frozen whole pangasius with HS code 03 accounted for 8%, the remaining nearly 1% was processed pangasius. According to Ms. Le Hang, Communications Director of VASEP, the top 3 markets in the Middle East region, importing the most Vietnamese pangasius include Egypt, UAE and Saudi Arabia. In which, the biggest increase was Saudi Arabia with over 19 million USD, up 165% in the first ...
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