VASEP predicts that Vietnam's pangasius exports will decrease by 32% year-on-year this year

According to news from SeafoodMedia on August 31, in the first seven months of 2023, Vietnam's pangasius production increased slightly by 2.3% compared with the same period last year, reaching 922,000 tons. However, exports fell by 37% year-on-year to only US$1 billion. the Against the backdrop of difficulties faced by major markets such as the United States, the European Union and China, finding new opportunities in small markets is considered to be the hope of Vietnamese pangasius exporters. the In the first seven months of this year, Vietnam's pangasius exports to the five largest export markets all decreased. Among them, exports to China fell by 32% to US$325 million; exports to the United States fell by 59% to US$159 million. US dollars; exports to the EU fell by 22% to US$101 million; exports to Brazil fell by 16% to US$47 million, and exports to the United Kingdom fell by 16% to US$40 million. the VASEP's forecast for the last few ...