News

Vietnam is China’s second-largest fishmeal supplier

Fishmeal
Peru
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.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

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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