Mexico becomes the 3rd largest tra fish export market of Vietnam

Thursday, 18/08/2022 19:37
Mexico has risen from the fourth in 2021 to become the 3rd largest tra fish export market of Vietnam, only after China and the US, reported VNA.
Processing Tra fish for export (Photo: VNA) 

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first seven months of this year, tra fish exports to Mexico grew by 73%, reaching 73.5 million USD and accounting for 4.5% of Vietnam's total turnover. Over 90% of tra fish shipped to the market were frozen fillets.

In July alone, the country spent more than 11 million USD on the Vietnamese product, doubling that of the same period last year.

 Photo for illustration (Source: https://markettimes.vn)

Le Hang, Deputy Director of the VASEP Training and Trade Promotion Center, said with the advantage of competitive prices, plus preferential tax benefits under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Vietnamese seafood remains a good choice for Mexican importers.

In the first half of this year, 30 Vietnamese seafood enterprises exported tra fish to Mexico. Many processing enterprises in the Mekong Delta localities of Dong Thap, An Giang, Ben Tre, Can Tho and Vinh Long are also increasing their shipments to the market.

VASEP forecast that tra fish exports will rake in some 125 million USD from Mexico in 2022, up 80% year on year.

Vietnam Airlines resumes, increases frequency of several flights

The national flag carrier Vietnam Airlines will resume flights connecting the central city of Da Nang with Malaysia’s Kuala Lumpur and Thailand’s Bangkok from September 1 and September 15, respectively, VNA reported the carrier’s announcement.

The national flag carrier Vietnam Airlines  

The national flag carrier Vietnam Airlines will resume flights connecting the central city of Da Nang with Malaysia’s Kuala Lumpur and Thailand’s Bangkok from September 1 and September 15, respectively, the carrier has announced.

Accordingly, the Da Nang - Kuala Lumpur route will see four flights per week, with aircraft departing on Mondays, Wednesdays, Fridays and Sundays, while the planes flying from Da Nang to the Thai capital will depart daily with each a day.

Photo for illustration (Source: BNews) 

From September 15, the airline will also increase the frequencies of flights linking Hanoi and Ho Chi Minh City with the Republic of Korea’s Seoul.

After this move, there will be 10 flights per week in the Hanoi-Seoul route, and 11 for the HCM City-Seoul route.

On this occasion, Vietnam Airlines also offer promotional tickets for these flights.

Seven-month crab exports record impressive growth

As of July 15 Vietnam earned US$111 million from crab exports, marking an annual increase of 41%, VOV cited data from the Vietnam Association of Seafood Exporters and Producers (VASEP).

Photo for illustration (Source: vov.vn) 

The main markets for the products include China, the United States, Japan, and France, accounting for over 92% of the total export value.

The US, which was the largest buyer of local crabs, purchased more than US$38 million, an increase of 27% from the same period last year.

The US market has fully reopened, fuelling demand for crabs, including from Vietnam. However, the ongoing impact of the Russia-Ukraine conflict has caused food prices to inch up by 40% compared to the beginning of the year, and people have started to reduce their spending, especially on high-value products such as crabs.

VADEP statistics show crab exports to the US continued to grow well in the second quarter of the year, although the growth rate slowed.

Meanwhile, crab exports to China - the second largest market - grew by 76% to reach US$37 million.

Vietnamese crab exports to Japan also continued to grow throughout this period, with the value of crab exports to this market hitting over US$24 million, up 51%.

Japan currently makes up the largest importer of Vietnamese crabs in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and maintained consistent growth in terms of crab imports from Vietnam during the first seven months of the year.

For the EU market, Vietnamese crab exports also recovered after witnessing a decline last year. France is currently the largest crab import market in the bloc, spending over US$3 million on Vietnamese imports, up 60%./.

 

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