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Tra fish exports to exceed 2 billion USD
October 17, 2018, 09:57 AM
Tra fish export value is expected to exceed 2 billion USD this year, higher than the industry’s target, according to experts.

Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said tra fish exports will continue to increase in the last months of this year so total export value will reach 2.1 billion USD, up 22 percent compared to 2017.

The export value of this product in the first nine months of the year surged year-on-year by 24 percent to 1.6 billion USD, the association said.

Hoe was quoted by congthuong.vn as saying that from late September to now, the price for raw material of tra fish in the Mekong River delta has stood at 35,000-36,000 VND (1.5-1.55 USD) per kilo. With that price, farmers earn from 6,000 VND to 9,000 VND per kilo.

Now, tra fish processing enterprises are purchasing raw materials to process export products for higher demand on global markets by the end of 2018.

However, they have faced a shortage of raw material for export processing because many farmers have stopped tra fish production as they lack fingerlings, Hoe said.

VNS/VNA

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Specialist on Pangasius market
Ms Ta Ha
Tel:+84.24.3771.5055 (ext. 214)
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Add: 218 Road Nguyen Quy Canh, Zone A, An Phu An Khanh New Urban Area, District 2, HCM city, Vietnam
Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 / Email: vasephcmcity@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn
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