pangasius export turnover

Pangasius export turnover is expected to reach US$2.4 billion, up about 70 percent over the same period in 2021, surpassing the peak of $2.26 billion in 2018.

Total pangasius export turnover in the first quarter of 2022 increased by nearly 90 percent compared to the same period last year. In most major export markets, pangasius export value is growing positively by two to three digits. It is forecasted that pangasius exports to major markets will keep positive growth in the second quarter.

Pangasius export turnover in 2021 topped US$1.62 billion, up 8.4 percent over the same period last year. It is a spectacular comeback of the pangasius industry in 2021, announced the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD) on February 25.

Despite the impacts of the Covid-19 pandemic, enterprises in the Mekong Delta recently have promoted the processing of high-value seafood products to increase their exports to many markets around the world. Seafood exports are showing signs of recovery and opportunities for enterprises to accelerate to finish their plans in the last months of the year.

 

According to the National Agro-Forestry-Fisheries Quality Assurance Department (NAFIQAD) under the Ministry of Agriculture and Rural Development, the Food Safety and Inspection Service (FSIS) under the United States Department of Agriculture (USDA) will send a working delegation to Vietnam for the second tine of Pangasius inspection from March 2-13 after the first inspection in October 31, 2019.

In 2018, the prices of pangasius fish fluctuated at VND29,000 per kilogram and sometime in September and October jumped to VND34,000-VND36,000 per kilogram, helping export turnover of pangasius fish to reach VND2.26 billion, up 26.5 percent. However, in the first eight months of this year, the situation was fairly gloomy.

Several pangasius fish breeders have suffered heavy loss due to price fall in recent days in the Mekong Delta.

Pangasius breeders have been suffering heavy losses for a long time and are presently nonplussed as fish prices continue to fall in the Mekong Delta.

With only a few days to go before Tet Lunar New Year, people in the Mekong Delta Provinces are busy decorating their homes and filling them with flowers to welcome Tet.