Tra fish exports surge in May

Saturday, 29/06/2019 11:32
From January 1st to May 15th this year, tra fish exports to the EU reached USD105.2 million, up 31.5% from the same period of 2018, according to statistics of the Vietnam Association of Seafood Exporters and Producers (VASEP).

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Photo for illustration

Specifically, the growth mainly came from four markets, namely the Netherlands, the UK, Germany and Belgium.

From the beginning of the year, export of the commodity to the EU has shown positive growth after declining for a long time.  

The EU is still the traditional and largest market of Vietnamese pangasius companies. Over the past 2 years, export value of the commodity grew positively due to increasing demand many markets with average price increasing from USD2-2.6 a kilogram in 2016-2017 to USD2.8-3.5 a kilogram in 2018 and the first three months of 2019.

The Vietnam Association of Seafood Exporters and Producers (VASEP) has forecast that tra fish exports to the EU will increase by 20-35% in 2019.

In the near future, with tax advantages from the EU-Vietnam Free Trade Agreement (EVFTA), tra fish exports to the EU are expected to see positive growth./.

BTA

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