At the beginning of the year, China spent 4.5 times more money than the same period last year to buy a species of fish from Vietnam

Published 2024년 3월 11일

Tridge summary

Vietnamese pangasius exports in January 2024 reached a five-year high of 165 million USD, doubling from the same period in 2023. The exports to China and Hong Kong alone accounted for 32% of the total, reaching 52 million USD, a fourfold increase from January 2023. Despite the low supply of raw pangasius in Vietnam due to prolonged low fish prices and slow export recovery, experts predict that pangasius exports could reach 2 billion USD in 2024, a 10% increase from 2023.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to markets reached 165 million USD, doubling over the same period in 2023, of which, pangasius export turnover to China China & Hong Kong reached 52 million USD, an increase of 4 times compared to January 2023. The Chinese market alone bought more than 48 million USD of pangasius from Vietnam, an increase of 4.5 times over the same period last year. The Vietnam Association of Seafood Exporters and Producers (VASEP) said that Vietnam's pangasius export turnover to China and Hong Kong in the first month of 2024 witnessed the highest growth over the same period in the last 5 years. This. This value is one and a half times higher than the pangasius export turnover to China and Hong Kong in January 2022 - a record year for Vietnamese pangasius exports, and accounts for 32% of total Vietnamese pangasius exports to markets. . China continues to be the leading market for Vietnamese pangasius consumption ...

Source: Danviet