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Tra fish export value estimated at 1.54 billion USD this year

Vietnam would earn 1.54 billion USD from tra fish export this year, up 3 percent from 2020, the Vietnam Association of Seafood Exporters and Producers (VASEP) forecast.
Tra fish export value estimated at 1.54 billion USD this year ảnh 1Vietnam would earn 1.54 billion USD from tra fish export this year, up 3 percent from 2020. (Photo: VNA)
HCM City (VNA) – Vietnam would earn 1.54billion USD from tra fish export this year, up 3 percent from 2020, the VietnamAssociation of Seafood Exporters and Producers (VASEP) forecast.

The association attributed the rise to the demand inmajor markets such as the US, Europe and China reaching the pre-pandemic level.

Vietnam’s tra fish shipments to China have begun tobounce back since March and April 2021, and the neighbouring country continuesto be the biggest importer of Vietnamese tra fish.

By late 2021, China is expected to account for 28percent of Vietnam’s total tra fish exports, the association said.

The VASEP also forecast that tra fish export to the USwill further increase in the time ahead as the demand in the market willcontinue to rise given the shrinking domestic production.

Moreover, free trade agreements will help to boostVietnam’s exports to many markets, especially small-but-promising ones likeMexico, Brazil, Russia, Colombia and Thailand.

The Directorate of Fisheries under the Ministry ofAgriculture and Rural Development (MARD) and Mekong Delta localities arereviewing the tra fish farming areas to ensure exports for 2022.

During the January-November period, the country’saccumulative tra fish output reached 1.3 million tonnes, a year-on-year drop of4.9 percent. The yearly figure is expected to stand at 1.5 million tonnes.

The MARD is working to complete programmes on frysupport to ensure materials for tra fish processing and exports next year./.   
VNA

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