Tra fish shipments give hope to aquatic product exports
Wednesday, September 5,2018AsemconnectVietnam - Tra fish (pangasius) exports are likely to surpass 2 billion USD for the first time this year, presenting an opportunity for Vietnam’s aquatic product exports to realise or even exceed its yearly goal of 9 billion USD.
In January-July, tra fish shipped overseas reeled in nearly 1.2 billion USD, up about 20 percent year-on-year.
General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe said the figure means Vietnam exported 200 million USD of Tra fish on a monthly average, up 50 million USD compared to the same periods in recent years.
He added that the August – December period is when Tra fish exports reach full swing. If the 200-million-USD-per-month export is sustained, turnover this year could reach at least 2 billion USD, 20 percent higher than 2017, Hoe projected.
He also pointed to a shortage of materials for Tra fish processing, which will possibly last until April 2019, as the number of farmed fish has been failing to meet demand from plants. Therefore, prices of both Tra fish materials and exports are high, he said.
In the first half of 2018, prices of Tra fish materials were at 25,000 – 27,000 per kg, between 4,500 and 7,000 VND higher than the average price of 2017.
Meanwhile, shrimp and tuna exports are predicted to hit 4-4.2 billion USD and hit 560 million USD by year’s end, respectively.
Hoe explained the export of the three major products often makes up 70 percent of the total fishery exports, while overseas shipments of other aquatic products (including tuna) often contribute about 3 billion USD to the sum.
He said the 9 billion USD export target set for the sector in 2018 is within reach.
In the first eight months of 2018, fishery exports were estimated at 5.47 billion USD.
Exports to UK reached 1.4 billion USD in first 3 months of 2023
Six product groups enjoy over 1-billion-USD exports to US in Q1
IMF expert considers Vietnam bright spot in world economy
DAILY: Vietnamese pepper prices remained unchanged on April 14
Reference exchange rate down 8 VND on April 14
DAILY: Vietnamese coffee prices rose by 700 VND on April 14
Vietnam’s exports of farm, forestry and fishery products in first quarter
Exports to US decreased by 5.5 billion USD
Vietnamese firm seeks ways into Russian coffee market
Japan tops importers of Vietnam’s fishery products in Q1
DAILY: Vietnamese pepper prices remained unchanged on April 13
DAILY: Vietnamese coffee prices remained unchanged on April 13
Tra fish by-products to become huge money earner: Experts
Trade turnover reached nearly 154 billion USD in first quarter of 2023
Plan on implementing Decision No. 327/QD-TTG dated March ...
Concretize viewpoints, objectives, tasks and solutions of the plan in accordance with practical conditions of the locality, associating ...Plan on implementing national environmental protection ...
Implementation plan of marine aquaculture development ...
Program on conservation and development of Vietnamese ...
Plan on improving quality of human resources to 2025 and ...
Efforts taken to turn culinary culture into national ...
The Vietnam Cuisine Culture Association (VCCA) is taking steps to implement a project to build and develop Vietnamese culinary culture ...Vietnamese cuisine making a name for itself with ...
Vietnam advance to next round of AFC U20 Women’s Asian Cup
Cultural tourism and traditional values promoted through ...