PANGASIUS EXPORT IN 2017 REACHED 1.78 USD

In 2017, pangasius export reached 1.78 billion USD, up 4.3% compared to 2016. In particular, the export value to the US and EU markets decreased in the next 12/2017.

26%; 24% pulled the total export value of the year down 11% and 22.3% compared to the same period last year.

Export pangasius to China – Hong Kong market in the past year reached 410.8 million USD, up 34.8% compared to 2016, accounting for 23% of the total export value. In the first 3 quarters of 2017, pangasius export value to this market grew very strong, averaging from two numbers.

However, in the fourth quarter of 2017, the growth rate has decreased “hot”. In December 2017 alone, the value of pangasius export to China – Hong Kong increased nearly 10% compared to the same period last year.

Difficulties in the two traditional and large export markets are the US and the EU continues to decline. In the European common market, top 5 import markets, only pangasius export value to the UK increased by 2.5% compared to 2016. Other markets such as Netherlands, Germany and Belgium decreased. 3.2%; 19.3% and 4.2% compared to last year.

In ASEAN, Thailand is the largest market of Vietnamese pangasius exporters with a value of 51 million USD, an increase of 8.8%. In addition, two other markets, Singapore and the Philippines, are also valuable Export increased by 2.8% and 11.9% respectively. Forecasting, in 2018, the value of exporting pangasius to this area continues to maintain a stable average growth rate like 2017.

In 2017, exporting pangasius to 2 big markets reduced so the enterprises increased the export of tra fish to 3 markets Great potential schools are Brazil, Mexico and Saudi Arabia. Export value to these 3 markets has grown quite well and is expected to keep this pace this year. According to statistics, ending 2017, fish export value visits to Brazil, Mexico and Saudi Arabia reached USD 104.7 million, USD 104.2 million and USD 53.4 million respectively, an increase of 54%; 23.6% and 4.2% compared to the previous year.

Is a year of forecasting with the production of raw materials Unstable, the price of domestic raw fish may increase while it is difficult to increase the export price, it is likely that in 2018, Vietnam Pangasius export will reach about 1.85 billion USD.