The US and China suddenly increased their purchases, pangasius price in Vietnam was the highest in 3 years

Published 2022년 6월 22일

Tridge summary

Vietnamese pangasius processing factories have seen a significant increase in exports in the first five months of the year, with the export value reaching 1.21 billion USD, a nearly 90% increase compared to the same period last year. The Chinese and American markets experienced sharp increases, with pangasius exports to China - Hong Kong reaching more than 317 million USD, up 124% over the same period last year, and to the US reaching 310 million USD, up 131%. The US Food Safety and Inspection Service recognized six more Vietnamese pangasius processing factories to export to the US market, bringing the total to 19. Exports to Mexico, Canada, Australia, and Japan also continued to grow positively, with the CPTPP being the second largest export market block of Vietnamese pangasius exporters.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first five months of this year, Vietnamese pangasius processing factories have tried their best to run at full processing capacity. exports reached 1.21 billion USD, an increase of nearly 90% compared to the same period last year, of which the Chinese and American markets increased sharply. By the end of May 2022, the total export value of pangasius to China - Hong Kong market reached more than 317 million USD, up 124% over the same period last year. According to Ms. Ta Ha, pangasius market expert of VASEP, the race to prevent Covid-19 in some hot spots, including Shanghai, major cargo ports, and closed factories have affected the supply chain. global, domestic goods chain within this country. Therefore, in the first quarter of 2022, China's imports of white fish decreased sharply, of which the volume of pollock imports from Russia decreased by 60%. But until the end of May ...
Source: Danviet

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