Pangasius

(seafood.vasep.com.vn) In the first 6 months of 2020, amid the Covid-19 outbreak, the total value of pangasius exports to the UK market still increased by 7.3%. It seems that Vietnam's pangasius exports to this market are more positive after the UK left the EU in early 2020 with more socio-economic independence.

(seafood.vasep.com.vn) Vietnam’s pangasius export value to three markets of China - Hong Kong, Singapore, and the UK in April 2020 grew positively by 20.1%; 127.6%, and 20.3%, respectively. By the end of April 2020, the total export value of pangasius reached US$449.5 million, down nearly 27% over the same period in 2019. Most of the major importers (among the top 10 largest importers of Vietnamese pangasius) all slid. On the contrary, exports to Singapore rose by 12.7% and that to the UK lifted by 1.1% over the same period in 2019.

Seafood is one of the key export items of Vietnam, maintaining an annual growth momentum, contributing to the achievement of the overall export goal of the agricultural sector. In the context of export difficulties, to help businesses and localities overcome difficulties, effectively exploit the domestic market, leaders of the Ministry of Agriculture and Rural Development direct the Agricultural Trade Promotion Center to coordinate with the Directorate of Fisheries and the relevant units to organize a Pangasius Week in Hanoi in 2020.

(seafood.vasep.com.vn) Just rising 16.3% in February 2020, pangasius export value to ASEAN decreased sharply in March 2020 due to COVID-19 pandemic. Many countries in the region suspend commercial transactions to contain the disease.

Ho Chi Minh, Vietnam-based pangasius firm Nam Viet Joint Stock Company, or Navico, plans to begin construction in August at a factory in Vietnam that would produce collagen and gelatin from pangasius, an official from Navico told SeafoodSource earlier this week.

(seafood.vasep.com.vn) In the first 3 months of 2020, the total export value of pangasius reached US$ 334 million, down 29.3% over the same period in 2019. During the first quarter of 2020, Covid-19 had a significant impact on Vietnamese pangasius exports to many markets. This export landscape is brighter when witnessing pangasius export value to 2 major markets - China - Hong Kong and the US growing quite well. In particular, in March 2020, pangasius export value to China - Hong Kong soared by 109% compared to January 2020.

Vietnamese pangasius producer and processor Vinh Hoan Corporation has broken ground on its new food-grade fish oil factory, it has announced.

(seafood.vasep.com.vn) In January 2020, pangasius exports to most markets decreased sharply year on year. In particular, pangasius export to the US market this month has surpassed China - Hong Kong to become the largest importer of Vietnam with an export value of US$ 18.1 million, accounting for 17.8% of the total export value of pangasius.

A survey by the Việt Nam Association of Seafood Exporters and Producers (Vasep) found that the novel coronavirus (COVID-19) pandemic was hitting seafood companies hard, especially since the beginning of March.

(seafood.vasep.com.vn) In the first 7 months of 2019, total white fish imports of Russia still rose by 12.43% over the same period in 2018. In particular, imports of cod and pollock still grew well; Imports of frozen pangasius fillets (HS 0304) increased slightly by nearly 3%, while imports of frozen pangasius (HS code 0303) declined sharply by more than 29%.

(seafood.vasep.com.vn) By the first half of October 2019, the total value of pangasius exports to Malaysia reached US$ 34.18 million, up 23.6% over the same period in 2018. Currently, Malaysia is the second largest pangasius importer of Vietnamese exporters in ASEAN.

(seafood.vasep.com.vn) In the first 9 months of 2019, the total export value of pangasius to the German market reached US $ 22.9 million, up 32.5% over the same period in 2018. In September 2019 alone, pangasius export value to this market reached US $ 1.66 million, up 23.6% over the same period in 2018.

(seafood.vasep.com.vn) As of the first half of August 2019, the total export value of pangasius to the German market reached US$20.4 million, up 35.4% over the same period in 2018. Currently, Germany is the third largest exporter of Vietnamese pangasius in the EU.

(seafood.vasep.com.vn) As of the first half of August 2019, the total export value of pangasius to Malaysia reached US $ 27.1 million, up 25% over the same period in 2018. Currently, Malaysia is the second largest importer of Vietnamese pangasius in ASEAN (after Thailand).

(seafood.vasep.com.vn) As of the first half of August 2019, Pangasius exports to the US market reached US$175.9 million, down 38.7% compared to the same period in 2018. Thus, for nearly 7 consecutive months, pangasius exports to the US market have continued to decline sharply.


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