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    Home > Food News > Food Articles > As of October this year, the export value of Vietnamese catfish to ASEAN countries has decreased by 17% year-on-year

    As of October this year, the export value of Vietnamese catfish to ASEAN countries has decreased by 17% year-on-year

    • Last Update: 2021-12-24
    • Source: Internet
    • Author: User
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    News from SeafoodMedia on December 10 that since the outbreak of the COVID-19 virus , the export trade of Vietnamese catfish in major regions , such as ASEAN, has not been effectively restored .
     
    According to VASEP, the Association of Vietnamese Aquatic Products Exporters and Producers, as of October this year, the export value of Vietnamese catfish to ASEAN was US$94.
    2 million, a year-on-year decrease of 17%
    .

     
    In the first 10 months of this year, the export value of Vietnamese catfish to Thailand, the largest market in ASEAN, was US$43.
    6 million, a year-on-year decrease of 6.
    42%.
    The export value to the region accounted for 46.
    2% of the total export value of catfish in the ASEAN region
    .
     
    Before the epidemic, Singapore and Malaysia were emerging export markets for Vietnamese catfish.
    At that time, the demand was stable and accompanied by strong growth
    .
    Affected by the epidemic, the export trade of Vietnamese catfish to the above two regions has slowed down
    .

     
    As of the end of October, the export value of Vietnamese catfish to Singapore was US$20.
    6 million, down 29.
    4% year-on-year; the export value to Malaysia was US$15.
    2 million, down 41.
    7% year-on-year; the export value to the Philippines was US$14 million, up 33.
    3% year-on-year; to Indonesia The export volume is also growing rapidly
    .
    Optimistic economists predict that starting from the beginning of 2022, Singapore will be the fastest recovering country in the region, and it will also be a good opportunity for Vietnamese catfish exports
    .

    Viral catfish exports
     
      According to VASEP, the Association of Vietnamese Aquatic Products Exporters and Producers, as of October this year, the export value of Vietnamese catfish to ASEAN was US$94.
    2 million, a year-on-year decrease of 17%
    .
     
      In the first 10 months of this year, the export value of Vietnamese catfish to Thailand, the largest market in ASEAN, was US$43.
    6 million, a year-on-year decrease of 6.
    42%.
    The export value to the region accounted for 46.
    2% of the total export value of catfish in the ASEAN region
    .
     
      Before the epidemic, Singapore and Malaysia were emerging export markets for Vietnamese catfish.
    At that time, the demand was stable and accompanied by strong growth
    .
    Affected by the epidemic, the export trade of Vietnamese catfish to the above two regions has slowed down
    .

     
      As of the end of October, the export value of Vietnamese catfish to Singapore was US$20.
    6 million, down 29.
    4% year-on-year; the export value to Malaysia was US$15.
    2 million, down 41.
    7% year-on-year; the export value to the Philippines was US$14 million, up 33.
    3% year-on-year; to Indonesia The export volume is also growing rapidly
    .
    Optimistic economists predict that starting from the beginning of 2022, Singapore will be the fastest recovering country in the region, and it will also be a good opportunity for Vietnamese catfish exports
    .

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