Viet Nam’s tra fish (pangasius) exports to China continued to record year-on-year strong growth of 43% to US$145 million in the first four months of 2018, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
With itshugetrafish imports from Viet Nam in the first four months of the year, China is poised to remain the biggest buyer of Vietnamesetrafish this year.
With this outcome, China has surpassed the U.S. to become the biggest importer of Vietnamesetrafish.
Traandbasafish account for a mere 5.7% of China’s total import of white fish.
The VASEP forecast the export turnover oftrafish to the market will increase in the second quarter of 2018.
VASEP forecast the demand for whitefish in China would continue to increase in the coming time, creating opportunities for Vietnamesetrafish exporters.
In the first half of the year,trafish exports to China will be higher than the year-ago period. However, growth will be lower although China is still a key buyer of Vietnam’strafish.
As of late 2017, the total area oftrafish farming was 5,230 ha, up 3.5%year-on-year, mainly in the Mekong Delta region
Theexport turnover oftrafish is expected to reachUS$2 – 2.2 billion in 2018, making up 31.5% of the fishery industry’s total export value.
Currently,VietNam is the third largest provider of white fish for China, after Russia and Norway./.