Pangasius exports to Brazil rose by 17.2%

(seafood.vasep.com.vn) In the early 2017, exports of pangasius from Vietnam to Brazil was quite good over the same period last year. Export value In Jan 2017 reached US$12.1 million, up 17.2% compared with the same month of 2016. If this growth continues in the coming months, Brazil will replace ASEAN as the fourth largest importer of Vietnamese pangasius (after the US, EU and China – Hongkong).

Many pangasius exporters to Brazil in 2017 said that this market is easy to accept high quality pangasius products. However, the quality requirements of this market are very strict.

According to ITC statistics, Vietnam and Argentina are currently the two largest suppliers of whitefish to Brazil. It was followed by China and Portugal.

In 2016, Brazil mainly imported frozen hake fillet (HS 030474) and frozen hake (HS 030366) from Argentina; Imports of Alaska pollock products (HS 030475); frozen hake fillet (HS 030474) and frozen cod fillet (HS 030471) from China; imports of cod fillet and frozen cod (HS 030363 and 030471) from Portugal.

Although Brazil's current political situation continues to have an impact on its economy, however, according to Vietnamese pangasius exporters, in coming time, demand for high quality pangasius imports into this market continue to increase. Currently, Vietnamese pangasius products have high competitiveness with other whitefish products in the Brazilian market.

White fish imports into Brazil in 2016 (Value: US$thousand; Volume: kg)

Suppliers

Q1

Q2

Q3

Q4

Volume

Value

Volume

Value

Volume

Value

Volume

Value

The world

38,676,682

87,941

15,531,352

33,895

15,163,262

33,661

15,981,286

46.233

Vietnam

14,777,290

22,598

7,552,981

10,916

5,969,880

8,717

5,561,147

9.602

Argentina

5,169,604

15,680

3,702,921

11,100

3,981,389

11,486

6,038,682

17.428

China

16,270,876

33,323

3,550,780

6,594

4,341,249

8,696

2,756,683

7.012

Portugal

1,710,480

14,516

592,480

4,746

452,439

4,059

1,316,437

11.431

Uruguay

8,970

29

-

-

8,896

6

138,400

160

US

486,292

721

22,628

128

333,285

426

54,705

151

Source: ITC

Written by Ta Ha


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SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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