Thailand, the UK, and Australia are the largest consumers of Vietnam’s value-added pangasius in H1 2024

Published 2024년 8월 5일

Tridge summary

In the second quarter of 2024, Vietnam experienced a significant growth in value-added pangasius exports, with a 43% increase and a total export value of $9 million. The first half of the year saw a 28% rise in cumulative exports, reaching $17 million and accounting for 2% of the country's total pangasius exports. Thailand and the UK were the largest markets, with Thailand importing over $3 million worth and the UK importing over $2 million. Australia also showed a 40% increase in imports, totaling over $2 million. Despite Thailand's import drop in May, it resumed in June, doubling its imports compared to the previous year. The UK and Australia's imports were predominantly frozen breaded pangasius fillets and fingers, respectively. This growth highlights the increasing global demand for the diversity and quality of Vietnamese value-added pangasius products.

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

Original content

According to Vietnam Customs data, in Q2 2024, Vietnam's exports of value-added pangasius reached $9 million, up 43%; in the first half of this year, cumulative exports of this product reached $17 million, up 28% compared to the same period last year, accounting for 2% of the total pangasius exports from Vietnam to various markets. Thailand was the largest consuming market for Vietnam's value-added pangasius in the first half of this year, with a value of over $3 million, up 4% compared to the same period last year, accounting for 19% of the total exports of this product to various markets. March 2024 recorded the highest monthly export value of value-added pangasius to Thailand, at over $800,000, up 86% compared to the same period in 2023. After increasing by one and a half times in April 2024, this market did not import value-added pangasius from Vietnam in May 2024. However, in June 2024, Thailand increased its imports again, doubling compared to the same period last year, ...

Source: Vasep