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Vietnam pangasius exports in 2023

(seafood.vasep.com.vn) In the first 4 months of 2023, Vietnam pangasius exports brought in nearly 570 million USD, down 41% compared to the same period last year. The world market is still heavily affected by inflation and economic slowdown, causing a decrease in seafood consumption demand, leading to a decrease in the volume and price of Vietnam's pangasius exports during this period. Vietnamese pangasius exports to many markets was continuously at a lower rate compared to the same period in 2022.

(seafood.vasep.com.vn) In the ASEAN market, Singapore is standing out thanks to the strong growth in imports of Vietnamese pangasius in the first 3 months of this year, despite the context of inflation and reduced imports in the world market. Singapore is considered as the bright spot of Vietnam pangasius exports in 2023

(seafood.vasep.com.vn) Vietnam’s seafood exports in February 2023 reached 610 million USD. Pangasius contributed nearly 26% with a value of 156 million USD. Compared to the same period, although pangasius exports are still 9% lower, but in the context of inflation that reduces demand and lowers import prices, the sales of February is also a positive sign.