China becomes Vietnam's biggest catfish importer: Association
HANOI - China has overcome the United States to become Vietnam's biggest importer of tra fish, a common kind of catfish, a local association said on Tuesday.
Vietnam exported $69.7 million worth of tra fish to China in the first quarter of this year, recording a year-on-year surge of 56.8 percent, the Vietnam Association of Seafood Exporters and Producers (VASEP) said, noting that the export turnover to China accounted for roughly 19 percent of the total to the world market.
Nearly 40 Vietnamese firms currently export tra fish to China via border gates in the three northern provinces of Quang Ninh, Lang Son and Cao Bang.
Chinese demand for tra fish for domestic consumption, especially at hotels, restaurants, schools and enterprises, has recently sharply increased, so Vietnamese companies are intensifying tra fish export to China through border trade, many local entrepreneurs said, adding that they are also seeking ways to export large volumes of the catfish to the neighbor country via big ports.
Vietnam earned nearly $305 million worth of tra fish to China in 2016, nearly doubling that in 2015, and 4.2 times higher than 2000.
Vietnam reaped more than $2.1 billion from exporting various kinds of seafood, including tra fish, to the world market in the first four months of this year, up 9 percent, according to the country's General Statistics Office.
- China possible to replace US to become Vietnam's top catfish importer in 2017: Experts
- Viet Nam's catfish exports to US suffer from tariffs
- China remains top importer of Vietnamese fruits, vegetables
- China is leading importer of Senegal's groundnut oil: official data
- China top importer of US soybeans