Pangasius

(seafood.vasep.com.vn) Vietnam’s pangasius exports to China continued to record year-on-year strong growth of 43 percent to 145 million USD in the first four months of 2018.

(seafood.vasep.com.vn) In the first two months of 2018, Vietnam’s pangasius exports to the Polish market increased by 17 times over the same period last year. This was considered as a notable importing market of Vietnam in the EU in the first two months of this year.

(seafood.vasep.com.vn) Export turnover of pangasius reached 438.2 million USD in the first quarter of 2018, an increase of 18 percent year-on-year.

(seafood.vasep.com.vn) In the first two months of 2018, the total export value of Vietnam pangasius reached US$264.7 million, up 15.7% over the same period last year. In the top 10 importing markets, exports to most of markets posted the positive growth compared to 2017 (except for the EU and Brazil).

(seafood.vasep.com.vn) In January 2018, Vietnam’s pangasius exports to China, Hong Kong and ASEAN increased sharply, while exports to the EU continued to decline.

Vietnam's foreign ministry made the statement following a flurry of import tariffs in recent months.

(seafood.vasep.com.vn) In 2017, the UK was the only market with the positive growth in pangasius imports from Vietnam. By the end of the year, Vietnam’s pangasius exports to this market valued at US$45.7 million, accounting for 2.6% of the total export value, up 2.5% over 2016. With this value, the Netherlands and the UK stayed as the two largest pangasius exporters of Vietnam.

The two sides have been going back and forth since the U.S. issued the new tariff on March 15.

Vietnam’s seafood trade group and several Vietnamese seafood trading companies are considering filing a complaint with the U.S. Court of International Trade after the U.S. Department of Commerce announced unprecedented antidumping rates against Vietnamese pangasius exporters.

Vinh Hoan, one of Vietnam’s top pangasius exporting firms, has announced the launch of a new product that will be featured at the 2018 Seafood Expo Global in Brussels, Belgium.

(seafood.vasep.com.vn) In 2017, Vietnam’s pangasius exports reached US$1.78 billion, up 4.3% over 2016. Of that, exports to the U.S and EU in December 2017 continued to decline by 26% and 24%, respectively and the figure in 2017 decreased by 11% and 22.3% respectively over the same period last year.

Vietnam has filed a complaint with the World Trade Organization against the United States, claiming the U.S. Department of Agriculture program targeting catfish inspections imposes illegal barriers to trade. The Southeast Asian nation is also seeking bilateral talks to resolve the issue

Pangasius exports to the UK were worth 45.7 million USD last year, an increase of 2.5 percent over the previous year.

The rapid growth of Vietnam’s pangasius shipments has met with several markets barriers in the European Union and United States, where the fish is being gradually pushed away.

(seafood.vasep.com.vn) As of November 2017, Vietnam pangasius exports valued at US$1.62 billion, up 5.3% over the same period last year. In particular, the export value to the U.S and the EU recorded the falls while that to China - Hong Kong and other potential markets such as Brazil, Mexico and Saudi Arabia inched up.


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