Vietnamese tra fish exports to Malaysia rise sharply

ABO/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.

Malaysia was among the ASEAN countries posting the highest rise in import revenue of Vietnamese tra fish. (Illustrative image)

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.

(Source: NDO)