Pangasius exports to the US declined
In the first half of Jan 2017, Vietnam pangasius exports to the US saw the sharp decline of 22.7%, reaching US$ 9.55 million that was less than the export value to China and the EU. If pangasius exports to the US do not show the improvement, the US will be surpassed by China-Hong Kong as a leading importer of Vietnam pangasius.
In Dec 2016, the export value to the US reached US$33.2 million, US$1 million lower than that to the Chinese market.
According to FAO statistics, in Jan-Jun 2016, import volume of frozen pangasius fillets into the US increased and hit the average monthly volume of 8,000 – 12,000 MT with the average import price of US$2.65 – 3.25/kg.
According to statistics data from the US Department of Commerce, the import value of pangasius in 2016 posted the instability with the highest value gained in Feb 2016.
Vietnam pangasius exports to the US in 2017 will be affected by antidumping duty, catfish inspection program.
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Prices of pangasius for processing have increased in response to high demand from the Cuu Long (Mekong) Delta provinces.
In 2016, Vietnam’s pangasius exports reached US$1.71 billion, up 9.6% year on year. Exports to the U.S. and China reported the higher growth while sales
Pangasius fish price has been moving up in the Mekong Delta since the Tet holiday. On Tuesday, businesses paid VND23,000-26,000 a kilogram