Tra fish exports record strong recovery in early 2022
Vietnam’s Pangasius (tra fish) exports in January 2022 surged nearly 73 percent year-on-year to 213.6 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Hanoi (VNA) – Vietnam’s Pangasius (tra fish) exports inJanuary 2022 surged nearly 73 percent year-on-year to 213.6 million USD,according to the Vietnam Association ofSeafood Exporters and Producers (VASEP).
Besides the recovery of traditional markets, the strong growthin new markets in recent times is expected to contribute to the pangasius industry’srecovery this year as well as in coming years, the association said.
Vietnam is home to nearly 120 facilities processing tra fish products forexport with a combined capacity of 1.8 million tonnes of inputs per year.
This year, the tra fish export is forecast to expand by 20-22 percent comparedto 2021, while the price is predicted to rise by 5 percent due to costs for breeding, logistics and labour.
Last year, Vietnam produced 1.52 million tonnes and exported 1.62 billion USDof tra fish.
The production target was set at 1.6-1.7 million tonnes and export revenues atover 1.6 billion USD this year./.
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.
Fisheries exports declined 4 percent year on year in July after surging 15 percent to earn 4.1 billion USD in the first half of 2021 as the COVID-19 outbreak has forced many seafood processing plants in the south to suspend production, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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 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.
The Tra fish industry aims to earn 1.6 billion USD from tra fish export, and produce between 1.6 – 1.7 million tonnes of tra fish products in 2022, according to Nhu Van Can, head of the Aquaculture Department of the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD).
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Processing tra fish for export (Photo: VNA) 
