Pangasius

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.

(seafood.vasep.com.vn) According to Dong Thap provincial Department of Agriculture and Rural, the province has 2,450 hectares of pangasius ponds in value chain, 20 companies involved in pangasius farming for export (nearly 970 hectares) and 1,564 facilities where fries are produced and supplied to the market.

(seafood.vasep.com.vn) Until the end of July 2019, pangasius export value of 5 consecutive months decreased compared to the same period in 2018. Therefore, the total value of pangasius exports in the first 7 months of this year declined by 5.5%, reaching US$1.13 billion. Particularly in July 2019, pangasius export value fell by 12.7% over the same period last year.

(seafood.vasep.com.vn) As of the first half of July 2019, the total value of pangasius exports to Belgium reached US$12.9 million, up 34.3% over the same period in 2018. Belgium was the fourth largest importer of Vietnam pangasius in the EU region. Compared to some potential markets of Vietnam pangasius in Asia such as Hong Kong or Malaysia, the export value of pangasius to this market was only by a half, however, in the first 6 months, pangasius exports to Belgium have been growing steadily.

Bien Dong Seafood Company Limited (Bien Dong seafood) is one of two enterprises in the Mekong Delta that are exports the largest pangasius volume to the US market.


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