Pangasius exports to Brazil increased by 17.2%

News 10:41 31/03/2017
(seafood.vasep.com.vn) In Jan 2017, Vietnam’s exports of pangasius to Brazil were quite good over the same period last year with the export value of US$12.1 million, up 17.2% compared with Jan 2016. If the growth continues in the coming months, Brazil will replace ASEAN as the fourth largest importing market of Vietnam pangasius (after the US, the EU and China – Hongkong).

Many pangasius exporters to Brazil in 2017 said that this market is easy to accept high quality pangasius products. However, the quality requirements of this market are very strict.

According to ITC statistics, Vietnam and Argentina are currently the two largest sources of whitefish for Brazil. It was followed by Chinese and Portuguese markets.

In 2016, Brazil mainly imported frozen hake fillet (HS 030474) and frozen hake (HS 030366) from Argentina; Alaska pollock fish products (HS 030475); Frozen hake fillet (HS 030474) and frozen cod fillet (HS 030471) from China; frozen cod fillet and frozen cod (HS 030363 and 030471) from Portugal.

Although Brazil's political situation continues to have a impact on Latin America's biggest economy, according to Vietnamese pangasius exporters, in coming time, the market’s demand for high quality pangasius continue to increase. And exporters must meet strict technical barriers with strict criteria. Currently, Vietnamese pangasius products have good competitiveness with other whitefish products in the Brazilian market.

Whitefish imports into Brazil in 2016 (Value: US$thousand; Volume: kg)

Suppliers

Q1

Q2

Q3

Q4

Volume

Value

Volume

Value

Volume

Value

Volume

Value

The world

38,676,682

87,941

15,531,352

33,895

15,163,262

33,661

15,981,286

46,233

Vietnam

14,777,290

22,598

7,552,981

10,916

5,969,880

8,717

5,561,147

9,602

Argentina

5,169,604

15,680

3,702,921

11,100

3,981,389

11,486

6,038,682

17,428

China

16,270,876

33,323

3,550,780

6,594

4,341,249

8,696

2,756,683

7,012

Portugal

1,710,480

14,516

592,480

4,746

452,439

4,059

1,316,437

11,431

Uruguay

8,970

29

-

-

8,896

6

138,400

160

The US

486,292

721

22,628

128

333,285

426

54,705

151

Source: ITC

Written by Ta Ha

Compiled by Kim Thu

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