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Tuesday, June 18, 2024

Pangasius fish exports grow strongly

The Saigon Times

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HCMC – Pangasius fish exports had amounted to US$2 billion in the year to mid-October, an increase of 81% over the same period last year.

According to the Vietnam Association of Seafood Exporters and Producers, this is the strongest growth rate among Vietnam’s aqua-product exports this year.

Vietnam’s two largest Pangasius fish export markets are China and the U.S., accounting for 30% and 23%, respectively.

Vietnam has also boosted exporting Pangasius fish to the CPTPP markets and several Asian countries.

Vietnam has over 400 enterprises exporting Pangasius fish, most of which have seen higher revenue than the same period last year. If growth is maintained, Pangasius fish exports will reach over US$2.5 billion at the end of this year, up 58% from last year.

Pangasius fish exports now make up 27% of the total of the aqua-product sector and are likely to increase.

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