In 2018, the US returned to the leading position in the Vietnam’s tra fish import market

[:en]In 2017, Vietnam tra fish export to the US market had got many pessimistic expectations when the anti-dumping tax was very high, besides, the catfish inspection program was transferred to the US Department of Agriculture, which caused many difficulties in implementation. However, in 2018, especially in the last two quarters, export of tra fish to this market has got many unexpected changes. In the first two quarters of 2018, tra fish export to the US market has not been really stable when in February and June 2018, the export value decreased from 4.3 to 5.5% over the same period last year.

At the same time, exporting tra fish to China still maintained positive growth rate of 38 – 132% compared to the same period in 2017. Many predictions were made that exporting tra fish to the US might increase at double-digit growth compared to the previous year and the US continued to stand in the position of the second largest export market of Vietnam tra fish. However, since the second quarter of 2018, tra fish export to the US reached the peak export of the year with the value of nearly US $ 66 million, with US $ 23.2 million higher than export value to China, up 256 % compared to August 2017. In the following months of the Q4, tra fish export to the US continued to grow at a high level from 92 to 152% compared to the same period last year.

With a steady increase and growth, at the end of October 2018, the US market has returned to the first position of Vietnam tra fish export. There were three major factors promoting tra fish exports to the US market in the past year, which was a preliminary conclusion of the 14th anti-dumping tax review (POR14) for the period from August 1, 2016 to July 31, 2017 for Vietnamese tra fish and basa products exported to the US market that was much lower than the final result of the POR13 review of US $ 3.87 / kg. Secondly, the fact that FSIS recognized Vietnam’s catfish control system equivalent to the United States and the China-US trade war was also the third opportunity for Vietnamese tra fish to gain market share from tilapia products in the US import market.

Contact us now if any interest in Frozen seafood product.[:]

[:vi]Tin liên quan[:en]Other new[:]

New Footer

HAI TRIEU FOOD CO., LTD (+84) 932349858 HAI TRIEU FOOD CO., LTDSeafood High Quality Hai Trieu Co., Ltd was established on April 5th 2006 at Phan Thiet beach city. With the mission of “Bring delicious tasty seafood to everyone“. Hai Trieu manufacture is the place producing and distributing the products as: Yellowfin Tuna and …

Pangasius prices dive as buyers pull back but rapid output expansion continues

[:en]02/12/2019 After an exceptional year in 2018, pangasius producers who invested heavily in expansion now find themselves facing much more difficult conditions as full inventories and trade restrictions slow the markets. Production Farmed pangasius production in the world’s leading supplier, Viet Nam, will reach record levels in 2019 following heavy investment and expansion across the Mekong Delta. Total …

Canned tuna demand stable with moderate supplies and low prices of skipjack

[:en]03/12/2019 Tuna packers in Asia and Europe held sufficient stocks until August-September 2019. Reefer carriers have had long queue at Bangkok port during this period. The global market for canned tuna remained receptive and exports increased from most countries, except Spain. Raw Material Supply Tuna catches worldwide were lower than average between July and September 2019, when …