logo

Vietnam catfish export to surge this year

Wednesday, 13 June 2007


HANOI, June 12 (Xinhua): Vietnam is estimated to ship abroad some 1 billion U.S. dollars worth of tra and basa, two most common types of catfish in the country, in 2007, up from 661 million dollars in 2006 and 328 million dollars in 2005, local newspaper Saigon Liberation reported today.
Vietnam will post an output of some 1 million tons of tra and basa this year, up from 750,000 tons last year. In 2006, up to 46 per cent of the Vietnamese catfish was exported to the European Union, 11.2 per cent to Russia, 9.8 per cent to the United States and 8.7 per cent to Southeast Asia.
Vietnam earned nearly 3.4 billion dollars from exporting different kinds of seafood in 2006, up 23.1 per cent against 2005. It has targeted an annual seafood export growth of over 9 per cent in the 2006-2010 period.
Vietnam is boosting export of different seafood items, including shrimps, prawns, catfish and octopuses to traditional markets such as China, the United States, the European Union, Japan and South Korea, and some new ones like the Middle East, East Europe, Africa and South America.
The country is also focusing on increasing quality of the products, intensifying their trade promotion, and enhancing its capacity of forecasting seafood prices and export demand, according to Vietnam Association of Seafood Exporters and Producers.