Tra fish exports to UK rise despite COVID-19 pandemic

Thursday, 2020-07-30 16:41:22
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The export revenue of tra fish to the UK market reached US$5.7 million in June, up 15.2% over the same period in 2019. (Illustrative image)
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NDO – The total export value of Vietnamese tra fish to the UK in the first half of 2020 rose 7.3% compared to the same period last year despite the impacts of the COVID-19 pandemic.

This is the best growth Vietnam has achieved in one of its10 largest export markets in the first six months of 2020.

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnam exported US$31.7 million worth of tra fish to the UK market in the first six months of this year, accounting for 4.7% of Vietnam’s total tra fish export revenue to nearly 130 markets.

In June alone, the export revenue of tra fish to the UK market reached US$5.7 million, an increase of 15.2% over the corresponding period in 2019.

According to the International Trade Centre (ITC), the UK market imported 91% of its tra fish volume and 90% of its tra fish value from Vietnam in the first half of this year. Besides Vietnam, the UK also imports tra fish products from Germany, Indonesia, the Netherlands and Thailand.

Vietnam’s tra fish exports to the UK are expected to grow by 10% in 2020 if the optimistic export revenues continueto be maintained in the remaining months of the year.