Vietnam

Vietnam's pangasius exports reach $1.78 billion in 2017

Fish & Seafood

Vietnam's exports of pangasius increased by 4.3% year-over-year in 2017, reaching a value of $1.78 billion and it is expected for 2018 this figure to hit a total $1.85 billion, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Posted on Mar 12 ,06:58

Vietnam's pangasius exports reach $1.78 billion in 2017

Vietnamese panagsius exports to China accounted for 23% from the total export value. Exports to this country increased by 34.8% in 2017 compared to the previous year, reaching $410.8 million.

On the other hand, pangasius exports to the US market and the EU continued to decline. Analysts at VASEP said that in the last month of 2017 pangasius exports decreased by 26% to the US and 24% to the EU, while the figure in 2017 reported a decline by 11% and 22.3% respectively compared to 2016.

Of the top 5 importers from the European Union, the UK imported by 2.5% more pangasius in 2017 compared to the previous year while exports to countries such as the Netherlands, Germany and Belgium reported a fall by 3.2%, 19.3% and 4.2% respectively in the same period.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

BRAZIL

Gilberto Tomazoni, CEO JBS: AI helps to produce more food with fewer resources

Artificial intelligence (AI) plays an essential role in increasing food production in a sustainab...


Read more Read more
NEW ZEALAND

B+LNZ urges Government to close carbon farming loopholes before more damage done

Chair Kate Acland says that while B+LNZ welcomed the announcement of limits on carbon forestry in...


Read more Read more
CHINA

China accounted for 49.1 percent of Argentine meat shipments in 2024

According to the Rosario Stock Exchange,  the product with the highest export value was...


Read more Read more
Websolutions by Angular Software and SpiderClass