Vietnam’s pangasius export activity shows positive growth momentum for the first time since the beginning of the year
Frozen Whole Catfish
Market & Price Trends
Published Oct 19, 2023
Vietnam's pangasius exports showed positive growth in September, reaching $167 million, a 1% increase compared to the previous year. Exports to major markets such as mainland China, Hong Kong, the European Union, Brazil, and Mexico experienced double-digit growth, while exports to the United States and other markets declined. Although Vietnam's pangasius exports to the EU demonstrated positive growth, overall exports are still expected to decrease by 30% this year.
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Statistics from the General Administration of Customs of Vietnam show that in September this year, Vietnam’s pangasius exports showed positive growth momentum for the first time since the beginning of the year, with exports reaching US$167 million, a year-on-year increase of 1%. The Vietnam Aquatic Products Export and Processing Association said that in September this year, Vietnam’s pangasius exports to major markets such as mainland China, Hong Kong, the European Union, Brazil, and Mexico showed double-digit growth. However, exports to the United States, the Trans-Pacific Partnership The export value of pangasius from the Comprehensive and Progressive Agreement (CPTPP) countries, South Korea, Singapore and other markets all declined year-on-year, with a decrease of 3% to 54%. Mainland China and Hong Kong have continuously become Vietnam's largest export markets for tra fish since 2019. Vietnam's second largest exporter of tra fish is the United States. In September this ...