Vietnam raked in 114 million USD from tra fish export to the signatory nations of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) as of June 15, a year-on-year increase of 10%, according to the General Department of Vietnam Customs.
Vietnamese tra fish export has roared back to growth after a significant drop recorded earlier this year as countries have scaled up their imports, according to insiders.
Vietnam raked in 2.7 billion USD from exporting aquatic products in the first four months of 2024, representing a year-on-year increase of 6%, the Association of Seafood Exporters and Producers (VASEP) has reported.
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, according to statistics of the General Department of Customs.
The Vietnam Association of Seafood Exporters and Producers (VASEP) said that it has received preliminary results of the US Federal Register’s 19th anti-dumping duty review (POR19) on Vietnam’s frozen fish fillet in the period from August 1, 2021, to July 31, 2022, with positive features.
Overseas shipments of tra fish are expected to bring about 1.54 billion USD in revenue this year, said Le Hang, deputy head of the Vietnam Association of Seafood Exporters and Producers (VASEP)’s training and promotion centre.
Vietnam earned 790 million USD from exporting aquatic products in May, lifting the total figure in the first five months of this year to nearly 3.3 billion USD, a year-on-year rise of 14 percent.
The export value of tra fish in July continued to drop for the fifth consecutive month, down 12.7 percent year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s tra fish export to the US surpassed that to China to hit 58.5 million USD in July, making up 30 percent of the country’s total export value of tra fish.
The Vietnam Association of Seafood Exporters and Producers has urged domestic enterprises to maintain strict quality control of aquatic products exported to China.
The Vietnam Association of Seafood Exporters and Producers (VASEP) has urged domestic enterprises to maintain strict quality control of aquatic products exported to China amidst the fast growth of tra fish export to this market recently.
The US’s recent ruling to impose unprecedentedly high import duties on frozen Tra fish fillets from Vietnam shows a level of unfairness and is not in line with the usual antidumping law provisions.
The Mekong Delta province of An Giang has expanded breading areas for material tra fish (pangasius) due to increasing export demand since the start of the year, said Chief of the Office of the provincial Department of Agriculture and Rural Development Tran Dac Mau.
Vietnam’s tra fish export to China and Hong Kong (China) recorded a strong growth in January-October, hitting 122 million USD, representing a year-on-year increase of nearly 50 percent.