Tra fish export to UAE jumps 67% in Q1
Tra fish fillets packed for export at Sao Mai Group. There is significant room to expand tra fish export to the UAE, given this market’s rising income and rapid urbanisation. (Photo: VNA)
Vietnam’s tra fish export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year, statistics of the General Department of Customs showed.
Tra fish export to the UAE increased impressively in January by 2.5 times to reach 4 million USD before a slowdown of 31% in February.
In March, Vietnam exported tra fish to this market worth more than 2 million USD.
The Vietnam Association of Seafood Exporters and Producers said the UAE mainly exported frozen fillets from Vietnam, accounting for around 93% of the country’s tra fish export to this market.
The UAE is a net importer of seafood products and around 90% of all food consumed in the UAE is imported.
According to the Food and Agriculture Organisation of the United Nations (FAO), the UAE consumes around 220,000 tonnes of seafood products each year with a per capita consumption volume of 28.6 kilos, higher than the global average.
The association said that there is significant room to expand tra fish export to the UAE, given this market’s rising income and rapid urbanisation. The UAE Central Bank has lifted its forecast for the UAE economic growth rate to 5.7% from 4.3%.
Each year, Vietnam exports about 22,000-24,000 tonnes of seafood products to the UAE, worth around 50-70 million USD.
Frozen tra fish fillet is the most popular export product of Vietnam to the UAE.
Vietnam’s tra fish export was estimated at 1.8 billion USD in 2023 and expected to reach 2 billion USD this year./.
Related News
Latest News
More businesses to join Vietnam E-Pavilion
16:34 | 05/05/2024 Import-Export
Cooperatives urged to focus on branding to expand exports of organic tea
16:32 | 05/05/2024 Import-Export
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Three groups of export commodities achieved billions of USD
10:36 | 05/05/2024 Import-Export
More News
Speed up the process of issuing "passports" for durian exports
15:14 | 04/05/2024 Import-Export
Vietnamese pomelo likely to be exported to Australia
15:12 | 04/05/2024 Import-Export
Take advantage of E-commerce leverage for export.
13:48 | 04/05/2024 Import-Export
Central beach city to lure investment from potential partners
14:54 | 03/05/2024 Import-Export
Vietnam to have enough 8 million tonnes of rice for export
14:47 | 03/05/2024 Import-Export
Binh Duong: Fertile ground for logistics businesses
10:16 | 03/05/2024 Import-Export
Some 51,600 new firms established in four months
17:17 | 02/05/2024 Import-Export
Agro-forestry-aquatic product exports post trade surplus of 4.74 billion USD in four months
17:13 | 02/05/2024 Import-Export
Enhance the core values of the national brand
15:36 | 02/05/2024 Import-Export
Your care
More businesses to join Vietnam E-Pavilion
16:34 | 05/05/2024 Import-Export
Cooperatives urged to focus on branding to expand exports of organic tea
16:32 | 05/05/2024 Import-Export
Seafood enterprises encounter problems with specialized inspection
10:37 | 05/05/2024 Import-Export
Three groups of export commodities achieved billions of USD
10:36 | 05/05/2024 Import-Export
Speed up the process of issuing "passports" for durian exports
15:14 | 04/05/2024 Import-Export