Illustrative image (Source: VNA) HCM City (VNA) – China (including Hong Kong) ismore likely to become Vietnam’s largest tra fish market in 2017, according tothe Vietnam Association of Seafood Exporters and Producers (VASEP).
Tra fish exports to mainland China and Hong Kong in thefirst ten months of this year reached 235.5 million USD, up 76 percent againstthe same period last year, said VASEP, adding that tra fish export to thismarket has grown constantly in the past two years.
China has surpassed the EU to become Vietnam’s secondlargest tra fish market as of September 2016.
TheChinese customers’ demand for tra fish import increased due to reasonableprice, said the Vietnam Trade Promotion Office in Chongquing (China).
Although the US is the Vietnam’s largest tra fish market, high anti-dumping taxes and thecatfish investigation programme of the US Department of Agriculture arebarriers for Vietnamese tra fish exporters.
Therefore,the association forecasted that tra fish export to the US market in 2017 willbe not as high as that in 2016.
Itis also the reason for China to possibly become the largest market forVietnamese tra fish in 2017, said the VASEP.
Trafish material markets in Mekong Delta provinces are now sluggish in terms ofpurchasing power and price, as tra fish processing plants were buying andproducing moderately after collecting sufficient goods to export to the EU, theUS and China on Christmas and New Year occasions.-VNA
