Vietnam’s tra fish export value expected to reach 2.4 billion USD this year
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.
This year, Vietnam expects to yield a tra fish output of 1.68 million tonnes. (Photo: VNA)
Hanoi (VNA)ꦍ – Vietnam’s tra fish (pangasius) export value is expected to hit a recordhigh this year, reaching 2.4 billion USD, said Deputy Minister of Agricultureand Rural Development Phung Duc Tien.
Speakingat a press conference announcing the first tra fish festival that is set totake place in the Mekong Delta province of Dong Thap on December 16 and 17, Tien said that Vietnamese tra fish is nowexported to 138 countries and territories around the world. About350 tra fish raising establishments in the Mekong Delta region with a total area of nearly 3,120 ha have been certificated to meet Vietnamese GoodAgricultural Practices (VietGAP) standards. Thisyear, the country expects to yield a tra fish output of 1.68 million tonnes. ByNovember 15, 2022, the country’s tra fish export value reached 2.23 billionUSD. Tien said that the fishery sector could rake in a record high of 11 billion USD from exports this year and that tra fish is among the keyproducts that greatly contributed to the growth. Accordingto the Vietnam Tra Fish Association, 2022 marks a successful year for theproduction and trading of tra fish in the Mekong Delta region as domestic trafish prices are maintained high after businesses have made efforts to boost exports. Lastyear, the tra fish export value of Vietnam reached about 1.62 billion USD, markingan increase of 8.4% compared to 2020. Earlythis year, Vietnam set a target of 1.6 billion USD from exportingtra fish in 2022. Major markets of Vietnamese tra fish include China whichconsumes nearly 30% of Vietnam’s exported tra fish, the US (nearly 23%),countries joining the Comprehensive and Progressive Agreement for Trans-PacificPartnership (CPTPP) (more than 13%), the EU (8.2%), and Brazil (3.7%)./.
The members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) constitute a potential market for the export of tra fish, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Tra fish exports to member countries of the Association of Southeast Asian Nations (ASEAN) have been rising sharply, and this market is forecast to surpass the European Union in terms of catfish imports from Vietnam in the near future, the Cong Thuong (Industry & Trade) newspaper reported.
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This year, Vietnam expects to yield a tra fish output of 1.68 million tonnes. (Photo: VNA) 
