The Vietnam Association of Seafood Exporters and Producers (VASEP) reported that China and Hong Kong (China) remained the largest importers of Vietnamese tra fish. Shipments to these markets in March rose 4% year-on-year to more than US$38 million. However, total exports in Q1 dropped by 6% to just over US$105 million.

Exports to the US dipped slightly in March, down 4% year-on-year to US$29 million. Nonetheless, the US retained its position as Vietnam’s second-largest tra fish market, with total Q1 exports rising 6% to US$69 million.

Brazil continued to post robust growth, particularly in demand for frozen tra fillets. Exports to this market surged by 1.5 times in March, surpassing US$20 million and lifting the three-month total to US$48 million, up 73% year-on-year.

In the European Union, tra fish exports reached nearly US$45 million in the first quarter, marking a 16% increase year-on-year. The Netherlands remained the bloc’s top importer, with Q1 turnover climbing 11% to US$12 million.

Thailand emerged as Vietnam’s fourth-largest individual market for tra fish, with March exports nearing US$8 million, up 27% year-on-year. The Q1 total stood at US$20 million, an increase of 22%.

According to VASEP, Vietnamese tra fish exports remained stable in the first quarter despite global market volatility, with China and the US continuing to serve as key buyers. The association views 2025 as a pivotal year for the tra fish sector to reach new export milestones.

Tra fish exports face tough competition in international market

VOV.VN - Despite being exported to nearly 140 countries globally, Vietnamese Tra fish (pangasius) continues to face fierce competition in the international market.