Vietnam is the leading exporter of pangasius to Mexico

(pangasius-vietnam.com) Owning the area of nearly 2 million square kilometers and population of 106 million people, Mexico is the eleventh largest economy in the world and the second largest in Latin America in aspect of GDP. Mexico is one of countries with the highest per capita income in Latin America. The country has been considered as a potential, stable and large importing market of pangasius.

According to the statistics of International Trade Center, seafood imports in to Mexico in 2000 was just US$100 million. Then, the U.S. was the leading seafood exporter to the market, China ranked the fifth, Vietnam ranked the 25th among 54 seafood suppliers for Mexico, mainly shrimp with modest export volume. After ten years, Vietnam emerged to the second after China in aspect of seafood export to the market, surpassing Chile, Norway, Guatemala, the U.S. with key export item of frozen pangasius fillet.

In 2010, seafood import value from Vietnam was US$78.08 million, making up 19.5 percent in the total seafood imports into Mexico. According to statistics, Mexico outstripped Russia, Brazil to become the third largest Vietnam pangasius importer after the U.S. and Spain.

Before 2006, Vietnam pangasius fillet was unpopular in Mexican but now the products were sold in most of big supermarkets in Mexico such as Walmart, Costco, Chedraui, Superama, Soriana. Mexico is the biggest consumer of Vietnam pangasius in Central and South America.

Mexico is paying attention to invest in domestic catfish farming. National Aquaculture and Fishing Commission of Mexico (CONAPESCA) showed that catfish production of the country rose from 2,503 MT in 2006 to 3,384 MT in 2010.

Mexico planned to strengthen catfish farming under sustainable development to boost its competitiveness in the domestic and international markets. In 2010, total harvested output of catfish reached 5,466 MT, up 5 percent against 2009 in which there were 3,384 MT of farmed fish and the other was wild-caught fish.

Frozen pangasius fillet (HS: 0304 code) imports in to Mexico (kilogram)

Origin

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Total

9662221

9452668

7057233

7063355

6294523

4171982

3119728

4365222

4611882

4752935

Vietnam

4818022

3943941

4158455

4240579

4292874

2319417

1436652

1562889

2267338

2408025

China

4199950

4883201

2203321

2084703

1417888

1502464

1283433

2289180

1831269

1900862

Chile

351960

362468

410874

510575

407642

167971

254033

348839

388117

310643

Taiwan

166977

165917

91148

67266

22168

66247

22020

22118

25980

66003

Indonesia

57291

46810

90588

26567

116946

73746

42314

106291

51086

27526

(Source: ITC)


Comment

SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

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