In 2016, Saudi Arabia stayed as the 8th largest buyer of Vietnam pangasius with the value of US$51.3 million, accounting for 3% of Vietnam’s total pangasius exports. In the first three months of 2017, Vietnam’s pangasius exports to this market reached US$12.3 million, up 13.8% over the same period last year and accounted for 3.3%. With this proportion, Saudi Arabia continues to be a potential importing market of Vietnam pangasius in the West Asia.
According to ITC statistics, the growth rate of pangasius imports into Saudi Arabia was quite good, in spite of a drop two years ago. In 2016, imports of pangasius took up the largest share of catfish imports into Saudi, followed by tilapia meat (HS code 030493); frozen tilapia (HS code 030323), fresh/chilled tilapia (HS code 030271). In addition, this market also imports some other whitefish products such as fresh/chilled hake (HS code 030254), frozen cod (HS code 030363), and Alaska pollock meat (HS code 030494).
In 2016, Vietnam was the biggest supplier of whitefish to Saudi Arabia, accounting for 43% of the total imports, followed by Myanmar, Egypt, Taiwan, Bangladesh and Thailand. Besides pangasius and tilapia from Vietnam, Saudi Arabia also imports frozen pangasius (HS code 030324), tilapia (HS code 030461) from Myanmar; frozen tilapia (HS code 030323) from Thailand, fresh/chilled tilapia (HS code 030271) from Egypt. However, in 2016, the import price of pangasius into Saudi Arabia decreased by US$1.65-US$1.8 per kg in 2015 to US$1.45-US$1.5 USD per kg.
In QI/2017, difficulties in some main importing markets such as the U.S, the EU made Vietnam’s pangasius exporters shift to the Americas, Asia, including Saudi Arabia.
|
Whitefish imports into Saudi Arabia, 2012 - 2016 (Thousand US$) |
|||||
|
Products |
2012 |
2013 |
2014 |
2015 |
2016 |
|
Tilapia meat (HS 030493) |
17,011 |
1,868 |
15,806 |
37,695 |
26,383 |
|
Frozen tilapia (HS 030323) |
7,462 |
5,886 |
12,243 |
24,886 |
17,975 |
|
Frozen pangasius (HS 030324) |
364 |
325 |
4,768 |
20,323 |
17,765 |
|
Fresh/chilled tilapia (HS 030271) |
7,733 |
13,142 |
28,173 |
27,832 |
16,213 |
|
Frozen pangasius fillets (HS 030462) |
1,588 |
16,568 |
21,075 |
5,821 |
6,372 |
|
Fresh/chilled pangasius fillets (HS 030432) |
891 |
751 |
1,337 |
4,459 |
6,205 |
|
Fresh/chilled hake (HS 030254) |
- |
- |
105 |
318 |
1,093 |
|
Frozen tilapia fillets (HS 030461) |
118 |
41 |
- |
- |
241 |
|
Frozen cod (HS 030363) |
- |
- |
101 |
- |
160 |
|
Alaska Pollock meat (030494) |
- |
- |
- |
113 |
123 |
|
Frozen cod fillets (HS 030471) |
- |
43 |
208 |
41 |
77 |
|
Fresh/chilled pangasius (HS 030272) |
- |
- |
- |
- |
35 |
|
Fresh/chilled tilapia (HS 030431) |
101 |
116 |
- |
- |
35 |
|
Tilapia meat (HS 030451) |
- |
- |
314 |
- |
21 |
|
Total |
35,268 |
38,740 |
84,502 |
121,488 |
92,713 |
|
Source: ITC |
|||||
Written by Ta Ha
Compiled by Dieu Thuy
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(seafood.vasep.com.vn) After a slowdown in 2025, Vietnam’s tuna exports to Germany showed more positive signs in the first quarter of 2026. However, the recovery remains uncertain as consumer demand in Germany is still cautious, while market competition is increasingly driven by pricing and supply stability.
(seafood.vasep.com.vn) After a sharp decline in 2025, Vietnam’s tuna exports to Israel are showing positive signs of recovery in the early months of 2026. According to Vietnam Customs data, export turnover to this market grew steadily month by month in Q1/2026, reaching nearly USD 10 million, up 33% compared to the same period in 2025. However, compared to Q1/2024, this level remains significantly lower, indicating that the recovery is still in its early stage following last year’s strong adjustment.
(seafood.vasep.com.vn) Entering 2026, the U.S. whitefish market has shown complex developments as global cod supply continues to tighten, while the U.S. trade environment becomes less stable. In this context, the U.S. market has had to become more flexible in sourcing alternative whitefish. However, relying heavily on Alaska pollock is not a long-term solution, as it is a strictly managed fishery with quotas and sustainability regulations, limiting any rapid increase in output to offset cod shortages.
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