Vietnam is China’s second-largest fishmeal supplier

Published Feb 26, 2024

Tridge summary

In 2023, China's fishmeal imports decreased by 9% to 1.65 million tons. Despite this, imports from Vietnam saw a significant increase of 24% in both quantity and value, reaching 262,000 tons and US$425 million respectively. Although Peru, China's largest fishmeal supplier, experienced a 51% drop in exports to China due to the El Niño phenomenon, it still maintained its leading position, with Vietnam following in second place.
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Original content

The Vietnam Seafood Products Export and Processing Association stated that China imported 1.65 million tons of fishmeal from abroad in 2023, a year-on-year decrease of 9%, of which 262,000 tons were imported from Vietnam with a value of US$425 million. The quantity and value increased by 24% and 24% year-on-year respectively. 48%. Vietnam is China’s second largest fishmeal supplier, after Peru. ​ Due to the decline in Peruvian anchovy production due ...
Source: Foodmate
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