China begins large purchase of Vietnamese tra fish
A Chinese trader has imported 500 containers of tra fish weighing 12,000 tonnes from Vietnam right after China’s lifting of its zero-COVID policy, showing a positive signal for the sector this year.
Hanoi (VNA) – A Chinese trader has imported 500 containers of trafish weighing 12,000 tonnes from Vietnam right after China’s lifting of itszero-COVID policy, showing a positive signal for the sector this year.
At present, China is the second biggest importer of Vietnamesetra fish, after the US. Last year, Chinese traders bought nearly 300,000 tonnesof the fish from Vietnam, with a total value of more than 700 million USD.
Notably, the current price of fillets exported to thismarket is ranging from 3.5 to 3.6 USD per kg - the bestexport price of this product - in the context of the global economic downturn.
Vietnamese tra fish is now exported to 138 countries and territoriesaround the world.
About 350 tra fish raising establishments in the MekongDelta region with a total area of nearly 3,120 ha have been certificated tomeet Vietnamese Good Agricultural Practices (VietGAP) standards.
According to the Vietnam Association of Seafood Exporters and Producers(VASEP), this year, tra fish exports are expected to surpass 2.4 billion USD –a record high set in 2022./.
Tra fish exports have posted the strongest growth among fishery products so far this year, while the biggest revenue was recorded in shrimp shipments, according to the Vietnam Association of Seafood Exporters and Producers.
Vietnam’s tra fish (pangasius) export value is expected to hit a record high this year, reaching 2.4 billion USD, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
More than 90% of Tra fish (Pangasius hypophthalmus) available in the US market comes from Vietnam, said Vietnamese Trade Counsellor in the US Do Ngoc Hung citing statistics from the US Department of Agriculture (USDA).
Despite experiencing a sharp decline in the last quarter of 2022 and the first month of 2023, tra fish (pangasius) exports still see bright outlook this year, according to insiders.
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