China begins large purchase of Vietnamese tra fish
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A Chinese trader has imported 500 containers of tra fish weighing 12,000 tonnes from Vietnam right after China lifted its zero-Covid policy, showing a positive signal for the sector this year.
China is the second biggest importer of Vietnamese tra fish, after the U.S. Last year, Chinese traders bought nearly 300,000 tonnes of the fish from Vietnam, with a total value of more than $700 million.
Notably, the current price of fillets exported to this market ranges from $3.5 to 3.6 per kg – the best export price of this product – in the context of the global economic downturn.
Vietnamese tra fish is now exported to 138 countries and territories worldwide.
About 350 tra fish-raising establishments in the Mekong Delta region with a total area of nearly 3,120 ha have been certificated to meet Vietnamese Good Agricultural Practices (VietGAP) standards.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), this year, tra fish exports are expected to surpass $2.4 billion – a record high set in 2022.
Questions & Answers
Q.How much tra fish did China import from Vietnam last year?
How much tra fish did China import from Vietnam last year?
Last year, Chinese traders purchased nearly 300,000 tonnes of tra fish from Vietnam. The total value of these imports exceeded $700 million, making China a significant buyer.
Q.What is the current export price for tra fish fillets to China?
What is the current export price for tra fish fillets to China?
The current export price for tra fish fillets to the Chinese market ranges from $3.5 to $3.6 per kilogram. This price is noted as the best export price for the product at present.
Q.How widely is Vietnamese tra fish exported globally?
How widely is Vietnamese tra fish exported globally?
Vietnamese tra fish is currently exported to a substantial number of countries and territories worldwide, reaching 138 different destinations. This demonstrates its broad international market presence.
Q.What are the export expectations for tra fish this year?
What are the export expectations for tra fish this year?
According to VASEP, tra fish exports are anticipated to surpass $2.4 billion this year. This projected figure would exceed the record high set in 2022.
Reader pulse
Is this a significant boost for Vietnamese seafood exports?
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