Business

Tra fish exports to US enjoy strong surge

Vietnam’s tra fish export turnover to the US surpassed that to China to hit 58.5 million USD in July, making up 30 percent of the country’s total export value of tra fish.
Tra fish exports to US enjoy strong surge ảnh 1Processing tra fish for export (Source: VNA)

Hanoi (VNA) - Vietnam’s tra fishexport turnover to the US surpassed thatto China to hit 58.5 million USD in July, making up 30 percent of the country’stotal export value of tra fish.

Reports delivered at a conference in the Mekong Delta province of AnGiang on August 21 said Tra fishexports to the US and the European Union (EU) have recovered recently.

Tra fish exportturnover to the US in the first seven months of 2018 reached 255.3 million USD,15.6 percent higher than in the same period last year.

Meanwhile, Vietnam’s exports of tra fish to the EU in the period hit 139.1million USD, a yearly increase of 16.5 percent.

Notably, tra fish exports to the Netherlands and Italy soared by 43 percent and83.1 percent, with respective values of 38.1 million USD and 14 million USD.

The US-Chinatrade war is a good opportunity for Vietnamese tra fish exporters to gainmarket share in the US, experts said.

In January-July, Vietnam’s tra fish export turnover hit 1.198 billionUSD, up 19.3 percent year-on-year.

China remained the biggest importerof Vietnamese tra fish, followed by the US and the EU.

Totalexport turnover of tra fish to China reached 289.8 million USD in the lastseven months, an annual rise of 40.6 percent, making up 24.2 percent of total export turnover for theproduct.

According to General Secretary of theVietnam Association of Seafood Exporters and Producers (VASEP) Truong Dinh Hoe,Vietnam’s exporters are facing many difficulties in selling their products inChina because the country has erected technical barriers to tra fish productsimported from Vietnam.

To promote the export of seafood and tra fish in particular to China,Vietnamese exporting firms need to ensure the quality of their products, VASEPsaid.-VNA

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