Vietnam pangasius exports

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnamese pangasius exports in 2023 have reached more than 1.8 billion USD, down 25% compared to 2022.

(seafood.vasep.com.vn) By market, domestic revenue in August increased by 179% to 310 billion VND, the second largest contributor to Vinh Hoan (VHC)'s revenue after the US.

(seafood.vasep.com.vn) According to Vietnam Customs statistics, in the first 8 months of 2021, Vietnam pangasius exports reached over 1.8 billion USD, up 81% compared to the same period in 2021. In which, pangasius exports to the US accounted for 23%, equivalent to 421 million USD, an increase of 87%.

(seafood.vasep.com.vn) Thanks to high market demand, the total export value of Vietnam pangasius in the first 4 months of 2022 increased by nearly 97% over the same period last year, reaching over US$963 million. This result is giving strength to many Vietnamese pangasius enterprises on the upcoming export journey.

The Food Safety and Inspection Services (FSIS) under the United States Department of Agriculture has recognised six more Vietnamese pangasius processing factories that are eligible to export products to the US, raising the number of establishments to 19, according to the Ministry of Agriculture and Rural Development’s National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD).

(seafood.vasep.com.vn) In the first half of this year, Vietnam frozen pangasius exports to Canada are forecasted to be optimistic and promising to achieve new growth. As of mid-April 2022, the total export value of Vietnam's pangasius to this market reached 17.2 million USD, up 69.4% over the same period last year.

Parallel to the rapid growth of the aquaculture industry, innovation in sustainable practices is focused on farming and processing. Vinh Hoan Corporation, a global pangasius player, has launched several projects which will lay the foundation for its circular economy model to revolutionize and resolve challenges that are present in farmed pangasius

(seafood.vasep.com.vn) In the first eight months of 2021, the total value of Vietnamese pangasius exports to the Middle East market increased by 25.18% over the same period last year. In 2021, many pangasius enterprises have shifted their exports to the Egyptian and UAE markets.

(seafood.vasep.com.vn) In June 2021, Vietnam's pangasius export value reached nearly 142.6 million USD, up 28.1%. By the end of June 2021, the total export value of pangasius reached 780.9 million USD, up 17% over the same period last year. This positive result brings optimism to Vietnamese pangasius exporters.

(seafood.vasep.com.vn) In the first three months of this year, Vientnam pangasius exports to the Russian market grew at a triple-digit rate compared to the same period last year. Exports to many major export markets have also begun to recover, notably in March 2021, the value of pangasius exports to China - Hong Kong market increased by 28% over the same period last year.