A tra fish processing line (Photo: VNA)Hanoi (VNA) – The US surpassed China to become thebiggest importer of Vietnamese tra fish in February, according to the VietnamAssociation of Seafood Exporters and Producers (VASEP).
Although tra fish exports to most markets lastmonth fell sharply from the same period last year, shipments to the US reached18.1 million USD, accounting for 17.8 percent of the total.
VASEP predicted further growth in the export of thiscommodity to the North American market despite the COVID-19 pandemic’s impacton the trading of aquatic products.
Meanwhile, exporters will also have greatchances in the EU as the EU-Vietnam Free Trade Agreement (EFVTA), recentlyratified by the European Parliament and waiting for the Vietnamese NationalAssembly’s adoption, will slash tariffs on tra fish imports to the market tozero percent in the next three years.
However, experts still recommended farmersactively reduce this year’s tra fish output by 10 percent from 2019 to 1.2million tonnes.
Data from VASEP showed that Vietnam gained 2billion USD from tra fish exports in 2019, down 11.7 percent year on year. Thedecline was attributable to difficulties in exports to traditional markets andplunging export prices./.
VNA
