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Brazil consolidates as Vietnamese pangasius market

Throughout the first eight months of the year, Vietnamese pangasius exports to Brazil showed a growing trend, reaching USD 81.2 million in value and a 7.2 per cent increase in market shares year on year, turning which this country into the second most important one for this Vietnamese product, according to Vietnam Association of Seafood Exporters & Producers (VASEP).
Update: (11/18/2014)

Therefore, Vietnam has surpassed China as the largest supplier of frozen fish fillets to Brazil, with about 44 thousand tonnes of fish in the first eight months of the year. China exported 33 thousand tonnes of fish, mostly pollock, salmon and cod.

VASEP reported that during the first eight months of 2014, Brazil's total frozen fillet imports fell by 7.4 per cent from 118,000 tonnes in 2013 to 109,000 tonnes, after increasing in the first four months.

During this period, the main fresh, chilled and frozen fish fillet imports into Brazilwere lead by catfish, which showed an 88.7 per cent growth compared to the same period in 2013.

It was followed by frozen Pacific salmon, Atlantic salmon and Danube salmon with a 22.5 per cent increase and by those of hake, which rose 16.5 per cent.

On the other hand, Alaskan pollock and frozen fillets of other fish decreased 49.2 per cent and 6.5 per cent, respectively.

A quarter of the total fillet products imported by Brazil between January and August of 2014 was frozen catfish fillets, with the volume of over 27,000 tonnes, which represented a rise of nearly 89 per cent year on year. Alaskan pollock was the second most imported product with 23,000 tonnes, down 49 per cent.

Referring to Vietnamese pangasius exports for the period from January and August this year, VASEP informed that those shipments to the EU totalled USD 235.5 million, representing 20.9 per cent of the total sales of that product.

Meanwhile, pangasius exports to the US brought back to the country USD 211.5 million with 18.8 per cent share of total exports for the period up to August this year.

And shipments of Vietnamese pangasius to ASEAN countries produced USD 92.9 million with 8.3 per cent of the total value.

from World News,


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