Vietnamese tra fish exports to Malaysia rise sharply

Thursday, 2019-07-11 17:37:59
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Malaysia was among the ASEAN countries posting the highest rise in import revenue of Vietnamese tra fish. (Illustrative image)
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NDO – The exports of Vietnamese tra fish (pangasius) to Malaysia in the first five months of 2019 surged sharply by 47.3% compared to the same period in 2018.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnamese tra fish exports to the ASEAN market reached US$87.3 million in the first five months of 2019, up 14.6% compared to the corresponding period in 2018.

Malaysia was among the ASEAN countries posting the highest rise in import revenue of Vietnamese tra fish with an import revenue of US$18.8 million in five months, a year-on-year increase of 47.3%.

In March alone, Vietnamese tra fish exports to Malaysia were reported at US$5.51 million, a dramatic rise of 119% compared to the same period in 2019.

During the five-month period, Vietnam shipped US$32.5 million worth of tra fish to Thailand, up 9.2% compared to the same period in 2018.

Vietnam also exported US$19 million worth of tra fish to the Philippines in the first five months of this year, a year-on-year increase of 25%.

ASEAN was the fourth largest export market of Vietnamese tra fish in 2018 after the US, China and the EU.