News

Vietnam pangasius exports to the EU step by step return to the race track

Frozen Whole Catfish
Seafood
Vietnam
Published Jun 2, 2023

Tridge summary

By the end of April 2023, Vietnam's pangasius export turnover to the EU reached 60 million USD, down 8% compared to the same period in 2022 and accounting for 11% of Vietnam's pangasius exports. In April 2023 alone, pangasius exports to this market reached 15 million USD, down 21% compared to the previous month and down 18% compared to the same period last year.

Original content

Notably, by the end of April 2023, Vietnam's pangasius export industry witnessed most of the markets in the EU reduce imports of this item, the lowest decrease was 13% and the highest was 30 %. % compared with the same period last year. Top 3 main markets in the block to reduce imports of Vietnamese pangasius are: the Netherlands down 22%, Belgium down 13%, Spain down 30%. Meanwhile, the German market is more positive, still recording a positive growth of 78% in the first 4 months of this year. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the EU used to be Vietnam's largest pangasius import market with sales peaking at US$511 million in 2010, accounting for 36% of Vietnam's pangasius exports. Vietnam. However, in the following years, pangasius exports to this market decreased sharply due to media campaigns smearing pangasius in some European countries. In 2022, Vietnam's pangasius exports to the EU will grow strongly due to strong demand after ...
Source: Vietstock
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