2024 tra fish export expected to reach $2 bln as targeted

Pangasius (tra fish) export revenue is expected to reach the 2024 target of $2 billion following strong recovery of export markets and export prices, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).

The tra fish export value in the first three quarters of the year was estimated at $1.5 billion, a year-on-year growth of 8%.

In September alone, tra fish export earned nearly $172 million, soaring 3% compared to the same period last year.

Exports to the US, the second largest export market of Vietnamese tra fish, gained over $256 million in the nine-month period, up 24% year-on-year. As a result, Vietnam remained the biggest tra fish supplier to the US.

Meanwhile, export value to China reached $418 million, down 4% compared to the same period last year.