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    Home > Food News > Food Articles > Vietnam's pangasius exports increased significantly, and the market volume of China and the United States achieved double growth

    Vietnam's pangasius exports increased significantly, and the market volume of China and the United States achieved double growth

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
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    In the first 10 months of 2022, Vietnam's pangasius exports increased by 77% year-on-year to US$2.
    1 billion, surpassing the whole of
    last year, according to the Vietnam Seafood Export and Production Association (VASEP).
     
    Chinese importers bought 30 percent Vietnamese pangasius worth $638 million, followed by the United States with $491 million
    .
     
    According to VASEP, the 77% increase in pangasius exports is the highest in recent years and the highest growth rate
    compared to other aquaculture industries.
    Exports grew by 70 percent in the first half of the year, when the U.
    S.
    economy had not yet been hit
    by inflation.
     
    According to statistics, frozen fish fillet exports accounted for 86%, or 1.
    9 billion US dollars, a year-on-year increase of 79%.

    Exports of value-added products accounted for 1.
    5 per cent, or US$327,000
    .
    In October alone, Vietnam's pangasius exports to China reached US$64.
    2 million, up 105%
    year-on-year.
     
    The U.
    S.
    market also performed
    well.
    The United States imported 105,500 tonnes of frozen pangasius in September, up 24% year-on-year, and imports were $445 million, up 91%
    year-on-year.
     
    VASEP said the average price of frozen pangasius imported from the United States reached $4.
    26/kg, up 53%.

    Compared to other seafood products exported from Vietnam to the United States, pangasius also saw
    the highest price increase.
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