Thanks to better input material supply and the application of a closed production process, the Tra fish (pangasius) industry is expected to overcome difficulties and become profitable again in the third quarter of this year, according to analysts.

VOV.VN - As of mid-February, Vietnamese Tra fish (pangasius) exports to the Brazilian market reached US$10.5 million, an annual decline of 51%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Vietnamese seafood exports to the UK have maintained a high growth rate of 22% during the first two months of the year despite an annual fall of between 18% and 50% in 10 other large markets globally, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Products of the processing and manufacturing industry of Vietnam now have great chances to enjoy stronger export to the UAE, which has high demand for imports.

A Chinese trader has imported 500 containers of tra fish weighing 12,000 tonnes from Vietnam right after China’s lifting of its zero-COVID policy, showing a positive signal for the sector this year.

Despite experiencing a sharp decline in the last quarter of 2022 and the first month of 2023, tra fish (pangasius) exports still see bright outlook this year, according to insiders.

A surge of 87% was seen in tra fish exports to ASEAN markets in the first 11 months of this year to US$183 million, accounting for about 8% of total export revenue of the product in the period.

Tra fish exports have posted the strongest growth among fishery products so far this year while the biggest revenue was recorded in shrimp shipments, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VOV.VN - Tra fish (pangasius) exports recorded impressive growth during the initial 10 months of the year, with turnover exceeding the US$2.2 billion mark.

Vietnam's aquatic product exports reached US$900 million in October, lifting the country’s total export turnover in the first ten months of 2022 to US$9.39 billion, a sharp increase of 32.7% compared to the same period of 2021.