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Update news vietnam's catfish exports
Vietnam’s pangasius, a billion-dollar export, thrives in China but now faces significant competition from domestically produced snakehead fish.
According to the Trade Remedies Authority of Vietnam under the Ministry of Industry and Trade, in this review, eight Vietnamese export companies were involved, with the DOC selecting two of them as mandatory respondents.
Despite a 20-year anti-dumping case, U.S. authorities have preliminarily determined that several Vietnamese catfish exporters are not dumping, marking significant progress for the industry.
Vietnamese tra fish export has roared back to growth after a significant drop recorded earlier this year as countries have scaled up their imports, according to insiders.
Vietnam dominates the global catfish market, ranking No 1 in both output and export volume. However, its market share has dropped because of the strong rise of rivals.
Vietnam saw a sharp rise in catfish output but lower export value in the first ten months of this year, according to the Vietnam Pangasius Association.
Vietnam’s tra fish exports to the US is expecting a better outlook in the remaining months of this year after getting some good news.
VASEP said that it has received preliminary results of the US Federal Register’s 19th anti-dumping duty review on VN's frozen fish fillet in the period from August 1, 2021, to July 31, 2022, with positive features.