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Pangasius processing plant. (Photo: CL-FISH)

Pangasius exports reach USD 719 mln through May

Click on the flag for more information about Viet Nam VIET NAM
Tuesday, August 07, 2012, 00:20 (GMT + 9)

Vietnam's 20 biggest pangasius exporters totalled revenues of over USD 443.9 million in fish exports during January through May, 2012. Pangasius products were exported to 123 markets, bringing in almost USD 719.5 million in the first five months of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vinh Hoan Corp kept the number one position with total earnings of more than USD 60.1 million, followed by Hung Vuong Corp with exports worth USD 53 million. In spot number three came Agifish with 41.9 million in fish exports, followed by Anvifish Co at USD 37.7 million.

In spot number five is NTSF with fish exports standing at USD 23.2 million, followed by Navico in spot number six with USD 22.8 million. CL-Fish Corp came in next with USD 18.3 million followed by Cadovimex with USD 18.1 million in exports.

In spot number nine is Dathaco with USD 17.96 million followed by South Vina in the tenth spot with USD 17.8 million in exports.

The remaining 10 spots were taken by IDI Corp, An Phu Seafood JSC, HungCa Co, Ltd, Biendong Seafood, Godaco, HTFood, CuuLong Seafood JSC, Caseamex, Aquatex Bentre and Vinh Quang Fisheries Corp.

The main importer of tra products was the European Union (EU) at USD 188.4 million, representing 26.2 per cent of Vietnamese sales. The main EU markets were Spain at USD 41 million (5.7 per cent) and the Netherlands at USD 32.8 million (4.56 per cent).

The US came in second place at USD 146.2 million worth of pangasius products, making up 20.32 per cent of Vietnam’s sales. Then came the Association of Southeast Asian Nations (ASEAN) at USD 44.99 million (6.25 per cent). In this bloc, the first two markets were Singapore and the Philippines with sales for USD 14.3 million (1.99 per cent) and USD 11.96 million (1.66 per cent), respectively.

Other important markets were Mexico and Brazil, which purchased pangasius for USD 42.39 million and USD 25.54 million, with shares of 5.89 per cent and 3.55 per cent, respectively.

And also Egypt and Russia, whose total exports accounted for USD 24.69 million (3.34 per cent) and USD 21.96 million (3.05 per cent).

Further behind were China and Hong Kong, having imported USD 18.63 million (2.59 per cent) and USD 9.77 million (1.36 per cent).

Related article:

-
Pangasius industry aims to stabilise production, exports

By Natalia Real
[email protected]
www.fis.com

Photo Courtesy of FIS Member  CL-Fish Corp., Ltd. - Cuu Long Fish JSC
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