Pangasius exports to Chinese market surge over 11-month period
VOV.VN - Despite facing COVID-19 restrictions put in place by China, local pangasius exports to both the China and Hong Kong markets witnessed an impressive growth of 79% to US$675 million during the opening 11 months of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
In terms of the figure, the export of these products to both China and Hong Kong soared by 81% and 46% on-year to reach US$636 million and US$38 million, respectively.
The high export growth recorded to the Chinese market has significantly contributed to raising the country’s overall pangasius turnover of US$2.3 billion in the reviewed period, up 63%.
Most notably, frozen pangasius fillets under HS code 0304 to China reached US$472 million, duly accounting for 74% of pangasius export value to the market.
VASEP forecasts that there will be positive outlook ahead for pangagius exports to the market due to its high consumption demand, despite China’s recent adjustment of its zero-COVID policies.
At present, more than 160 Vietnamese enterprises have got involved in exporting pangasius to the northern neighbour, with top five largest exporters being Dai Thanh Co., Ltd., Truong Giang Seafood Joint Stock Company, I.D.I Multinational Development and Investment Joint Stock Company, Processing and Trading Joint Stock Company Import-Export Seafood Cadovimex II, and Go Dang Joint Stock Company.
