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Pangasius export turnover reached over US$650 million

In the first six months of this year export turnover for Pangasius reached more than US$650 million and was expected to rise to $1.4 billion by the end of the year.  

Duong Ngoc Minh, deputy chairman of VASEP, said in the first six months of this year export turnover for Pangasius reached more than US$650 million and was expected to rise to $1.4 billion by the end of the year.

Exports to markets such as Russia, the US, South America and Brazil have seen a positive growth rate.

However, prices for Pangasius fell from $2.28 per kilo last year to $2.13 per kilo this year. The domestic price also fell by VND500-1,000 per kilo, depending on the locality.

Source: VASEP

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