Pangasius

(seafood.vasep.com.vn) As of November 15, 2023, Vietnam pangasius export turnover reached 1.6 billion USD, down nearly 28% compared to the same period in 2022.

(seafood.vasep.com.vn) The latest data shows that the domestic market continues to be the foundation for Vinh Hoan Corp 's (VHC) business activities while export activities have not clearly recovered.

According to data from Vietnam Customs, cumulatively in the first 10 months of this year, Vietnam's pangasius exports to CPTPP member countries reached more than 200 million USD, down 28% over the same period last year, accounting for 13% of Vietnam's total pangasius exports to markets.

(seafood.vasep.com.vn) Some experts believe that pangasius has an advantage in China, with the potential for explosive growth if it replaces other ingredients in some dishes.

(seafood.vasep.com.vn) According to data from Vietnam Customs, as of October 15, 2023, the EU market imported more than 134 million USD of Vietnam’s pangasius, down 19% compared to the same period in 2022.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in September 2023, Vietnam's pangasius exports recorded positive growth for the first time since the beginning of this year, with a value of nearly 167 million USD, up 1% compared to the same period last year.

(seafood.vasep.com.vn) In September 2023, Japan ranked 4th in the CPTPP market in importing Vietnamese pangasius after Mexico, Canada and Singapore. Vietnam’s pangasius exports to Japan in September 2023 reached 3 million USD, up 10% over the same period last year, contributing 13% to total pangasius imports of CPTPP. Accumulated in the first 9 months of 2023, pangasius exports to this market reached 24 million USD, down 15% compared to the same period in 2022.

(seafood.vasep.com.vn) According to statistics from Vietnam Customs, as of September 15, 2023, Vietnam pangasius exports to the US reached more than 195 million USD, down 55% over the same period last year, accounting for 16%. Vietnam's total pangasius exports to markets.

(vasep.com.vn) According to statistics from Vietnam Customs, cumulative exports of Vietnamese pangasius in the first 8 months of the year to Canada reached 24 million USD, down 46% over the same period last year, accounting for 2% of the proportion. . Canada continues to maintain the 2nd position in the CPTPP market in terms of importing the most Vietnamese pangasius.

(seafood.vasep.com.vn)According to statistics from Vietnam Customs, accumulated in the first 8 months of 2023, pangasius exports to Germany reached 23 million USD, up 19% over the same period last year, accounting for 2%. After increasing imports in the first months of this year, pangasius exports to this market experienced negative growth for 3 consecutive months in June, July, and August.

(seafood.vasep.com.vn) In the first half of August 2023, pangasius exports to the UK reached nearly 2 million USD, down 41% compared to the same period last year (more than 3 million USD), accounting for 3%. As of August 15 2023, Vietnam’s pangasius exports to this market reached nearly 42 million USD, down 2.4% over the same period in 2022 - a lighter decline than the sharp decline in exports to other major markets such as the US, EU, and China.

(seafood.vasep.com.vn) In the first 8 months of 2023, Vietnamese pangasius exports reached nearly 1.2 billion USD, down 34% compared to the same period in 2022.

(seafood.vasep.com.vn) By the end of July 2023, Vietnam's pangasius exports had surpassed the 1 billion USD mark, representing a 37% decline compared to the same period in 2022. Projections indicate that for the entirety of 2023, pangasius exports may reach 1.7 billion USD, signaling a 30% reduction compared to the preceding year. These insights were shared by Ms. Le Hang, the Communications Director of VASEP, during her speaking at the International Pangasius Outlook Forum 2023, organized by VASEP on August 24, 2023, as part of the Vietfish Fair 2023 framework.

(seafood.vasep.com) The US is one of the largest import markets for Vietnamese pangasius. After 10 years of establishing the comprehensive partnership between Vietnam and the US, Vietnam's pangasius export turnover to this country in 2022 reached 537 million USD, an increase of 41% compared to 2013.

By utilizing the black soldier fly larvae meal as a substitution for marine fishmeal in the diet of pangasius, we aim to improve the nutritional quality of our fish, reduce our ecological footprint and contribute to sustainable aquaculture.


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