May 3, 2024 | 11:17 GMT +7
Hotline: 0913.378.918
May 3, 2024 | 11:17 GMT +7
Hotline: 0913.378.918
Vietnamese tra fish accounts for nearly 90% of catfish imported to the US. Photo: TL.
According to VASEP, in the first 3 months of this year, the US total import volume of frozen tra fish increased by 8%; total import value increased by 10% over the same period last year.
The US imports tra fish from two main sources, Vietnam and China. While the import volume of frozen tra fish from China decreased sharply by 41% over the same period in 2020, the amount of frozen tra fish imported from Vietnam increased by 12%.
Vietnam is currently the main supplier, accounting for nearly 89.5% of the total catfish imports from the US.
In 2020, the US market was heavily affected by Covid-19, importing businesses faced many difficulties because of interruptions and large inventories.
However, since the beginning of 2021, the US inventories have been exhausted from the end of February 2021. Furthermore, the local catfish farming activities decreased sharply in production volume. This forced US importers to increase the amount of tra fish imported from Vietnam to make up for this shortage.
(VAN) In the first quarter of 2024, Vietnam surpassed Japan, moving from the position of the 6th largest seafood exporting partner to Singapore to the 5th position for the first time.
(VAN) Export turnover is estimated to reach 123.64 billion USD in the first four months of 2024, marking an increase of 15% compared to 2023. Notably, agricultural exports constituted over 13.64 billion USD.
(VAN) Vietnam's vegetable and fruit exports exceeded 1 billion USD for the first time at the start of the year.
/2024/05/01/2555-2-091752_68.jpg)
(VAN) Ecuadorian shrimp imported into China is subject to increased inspection for sulfite residue, creating an opportunity for Vietnamese shrimp to increase exports to this market.
/2024/04/28/2439-1-102023_460.jpg)
(VAN) Digital transformation will help export wood processing businesses reduce costs by 10%, grow by 10–20% in revenue, and increase labor productivity by more than 20%.
(VAN) Nearly 30 countries worldwide have imported substantial volumes of rice from Vietnam, with one country importing over one million tons valued at hundreds of millions of USD.
/2024/04/27/0800-2-090419_758.jpg)
(VAN) The biggest obstacle to developing large timber forests is the worry of forests being destroyed by natural disasters due to the prolonged exploitation cycle. Insured planted forests have created a driving force for development.
