Pangasius export is still influential by Covid-19

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INFOFISH

Thursday, 28 May 2020 09:47

VASEP, Vietnam Association of Seafood Exporters

and Producers, reports that in April 2020, pangasius export value to three markets of China - Hong Kong, Singapore and England grew positively, respectively: 20.1%; 127.6% and 20.3%. This helps to reduce the picture of pangasius hypophthalmus in the worry of disruption due to the prolonged Covid-19 disease.

By the end of April 2020, the total export value of pangasius reached US $ 449.5 million, down nearly 27% over the same period in 2019. Most of the major export markets were among the top 10 largest markets of Vietnamese pangasius. Men all fall in value. Except, exports to Singapore increased by 12.7% and the UK increased by 1.1% over the same period last year.

ASEAN: By the end of April 2020, Pangasius export to ASEAN reached US $ 53 million, down 24.4% compared to the same period last year. Thus, up to this point, ASEAN is the third largest export market of Vietnam pangasius (after China - Hong Kong and the US), accounting for 11.8% of total pangasius export value. Notably, in April 2020, pangasius exports to ASEAN decreased, of which, exports to the largest market in the region, Thailand also decreased by nearly 30%, Malaysia decreased by 31% but export value to Singapore increased by 127. , 6% over the same period in 2019. By the end of April 2020, Pangasius exports to Singapore also increased by 12.7% compared to the same period last year. This is the market with the largest positive growth rate of Pangasius export among the top 10 largest export markets of Vietnam.

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