Vietnam

Positive growth for Vietnam's pangasius exports to the UK

Fish & Seafood

In the EU, the Netherlands and the UK remained the two main importers of pangasius from Vietnam in 2017, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Posted on Apr 03 ,06:23

Positive growth for Vietnam's pangasius exports to the UK

Analysts at VASEP said that the UK was the only market which reported an increase in Vietnamese pangasius imports. Vietnam exported pangasius worth US$45.7 million to the UK market in 2017. This accounted for 2.6% of the total export value, up 2.5% over 2016. Vietnam pangasius had to compete with other whitefish products in the UK such as frozen cod, haddock and frozen pollock.

"Vietnam pangasius has more competitive prices compared to other whitefish products. In the coming time, the UK expected to be a potential market of Vietnam’s seafood companies," the VASEP statement read.

Vietnam occupies the 6th spot among the main exporters of whitefish to the UK market. Iceland and China supply most of the whitefish to the UK, accounting for 20-45% of its imports.

In 2018, Vietnam’s pangasius exports forecasted to slightly increase and remain the same level as that in 2017. VASEP analysts concluded that compared with other importing markets in the EU, Vietnam’s pangasius exports to the UK continued to show the positive growth and good signs of recovery.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

INTERNATIONAL

Rabobank: Global pork profitability is expected to stabilise in 2025

While 2024 has been a profitable year for producers, herd expansion is progressing slowly, with s...


Read more Read more
PARAGUAY

Paraguayan pork meat export to Taiwan grows by 108 percent

According to reports, the Taiwanese Embassy in Paraguay celebrated the figures and the 108% growt...


Read more Read more
GERMANY

Vion sells remaining locations of Vion Zucht und Nutzvieh GmbH to RaiffeisenViehzentrale (RVZ)

The closing of the transaction is subject to antitrust approval and the fulfilment of custom...


Read more Read more
Websolutions by Angular Software and SpiderClass