PANGASIUS EXPORTS TO BRAZIL ROSE BY 17.2%

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PANGASIUS EXPORTS TO BRAZIL ROSE BY 17.2%

(seafood.vasep.com.vn) In the early 2017, exports of pangasius from Vietnam to Brazil was quite good over the same period last year. Export value In Jan 2017 reached US$12.1 million, up 17.2% compared with the same month of 2016. If this growth continues in the coming months, Brazil will replace ASEAN as the fourth largest importer of Vietnamese pangasius (after the US, EU and China – Hongkong).

27-06-2017 08:00:24 AM

PANGASIUS EXPORTS TO BRAZIL ROSE BY 17.2%

April 04, 2017, 10:24 AM

(seafood.vasep.com.vn) In the early 2017, exports of pangasius from Vietnam to Brazil was quite good over the same period last year. Export value In Jan 2017 reached US$12.1 million, up 17.2% compared with the same month of 2016. If this growth continues in the coming months, Brazil will replace ASEAN as the fourth largest importer of Vietnamese pangasius (after the US, EU and China – Hongkong).

Many pangasius exporters to Brazil in 2017 said that this market is easy to accept high quality pangasius products. However, the quality requirements of this market are very strict.

According to ITC statistics, Vietnam and Argentina are currently the two largest suppliers of whitefish to Brazil. It was followed by China and Portugal.

In 2016, Brazil mainly imported frozen hake fillet (HS 030474) and frozen hake (HS 030366) from Argentina; Imports of Alaska pollock products (HS 030475); frozen hake fillet (HS 030474) and frozen cod fillet (HS 030471) from China; imports of cod fillet and frozen cod (HS 030363 and 030471) from Portugal.

Although Brazil's current political situation continues to have an impact on its economy, however, according to Vietnamese pangasius exporters, in coming time, demand for high quality pangasius imports into this market continue to increase. Currently, Vietnamese pangasius products have high competitiveness with other whitefish products in the Brazilian market.

White fish imports into Brazil in 2016 (Value: US$thousand; Volume: kg)
Suppliers	Q1		Q2		Q3		Q4
Suppliers	Volume	Value	Volume	Value	Volume	Value	Volume	Value
The world	38,676,682	87,941	15,531,352	33,895	15,163,262	33,661	15,981,286	46.233
Vietnam	14,777,290	22,598	7,552,981	10,916	5,969,880	8,717	5,561,147	9.602
Argentina	5,169,604	15,680	3,702,921	11,100	3,981,389	11,486	6,038,682	17.428
China	16,270,876	33,323	3,550,780	6,594	4,341,249	8,696	2,756,683	7.012
Portugal	1,710,480	14,516	592,480	4,746	452,439	4,059	1,316,437	11.431
Uruguay	8,970	29	-	-	8,896	6	138,400	160
US	486,292	721	22,628	128	333,285	426	54,705	151
Source: ITC