Tra fish loses its edge in Mexico
(VOV) - Vietnamese exports of pangasius (sold as basa, tra and swai) to Mexico have plummeted as a result of fierce competition with Chinese tilapia, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The latest figures show that in the seven months leading up to August, the major market dipped 22% to US$45.4 million year-on-year. The price of tra fish hovered around US$1.90-2.50 per kilo.
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Tra fish used to dominate the market, VASEP said, however according to the International Trade Commission, Vietnam has dropped to the third largest fish supplier trailing China and Chile.
In addition, other fish such as cod and Alaska pollock made headway in the Mexican market at the expense of Vietnam exports.