Tra fish exports record strong recovery in early 2022

Vietnam’s Pangasius (tra fish) exports in January 2022 surged nearly 73 percent year-on-year to 213.6 million USD, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Friday, March 11, 2022 11:22

Tra fish exports record strong recovery in early 2022 ảnh 1

Processing tra fish for export (Photo: VNA)

Hanoi (VNA) – Vietnam’s Pangasius (tra fish) exports inJanuary 2022 surged nearly 73 percent year-on-year to 213.6 million USD,according to the Vietnam Association ofSeafood Exporters and Producers (VASEP).

Besides the recovery of traditional markets, the strong growthin new markets in recent times is expected to contribute to the pangasius industry’srecovery this year as well as in coming years, the association said.

Vietnam is home to nearly 120 facilities processing tra fish products forexport with a combined capacity of 1.8 million tonnes of inputs per year.

This year, the tra fish export is forecast to expand by 20-22 percent comparedto 2021, while the price is predicted to rise by 5 percent due to costs for breeding, logistics and labour.

Last year, Vietnam produced 1.52 million tonnes and exported 1.62 billion USDof tra fish.

The production target was set at 1.6-1.7 million tonnes and export revenues atover 1.6 billion USD this year./.

VNA

# strong recovery #Tra fish exports #VASEP #Vietnamplus #Vietnam news #Vietnam News Agency

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