Tra fish exports posted an impressive growth rate of over 26 percent this year to hit a record 2.26 billion USD.

 

 

According to the Directorate of Fisheries of Vietnam, tra fish exports have leapt from 1.78 billion USD in 2017 to 2.26 billion USD this year, compared to the 2 billion USD target initially set for 2018.

The Vietnam Association of Seafood Exporters and Producers said aside from high prices since 2017, businesses have improved their product quality and organised production chains to ensure sufficient supplies.

Additionally, growing demand in many markets, particularly major ones like the US, China, the EU and ASEAN, has helped boost tra fish exports.

VASEP elaborated that this year, the US returned to top spot among Vietnam’s tra fish markets, with shipments surging by 54.5 percent to make up 24.2 percent of total revenue.-VNA