Export of Pangasius to China sees recovery in the last months of the year
According to data from Vietnam Customs, in November 2023, Vietnamese pangasius exports to China continued to maintain positive double-digit growth, with a value of more than 36 million USD, an increase of 29% over the same period in 2022. By the end of November 2023, China bought nearly 497 million USD of pangasius, down 21% over the same period last year.
According to the International Trade Centre (ITC), the export of whitefish products, including pangasius, from Vietnam to China experienced significant growth from 2012 to 2022. In the first 9 months of 2023, there is a rising trend in China’s import of fish ball and fish paste products (HS code 030493) from Vietnam.
Vietnam accounts for 16% of the total volume of whitefish that China imports globally. Vietnam ranks second, after Russia, as a source of whitefish supply for China, surpassing the United States and Norway.
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