Vietnam overtakes China as biggest catfish exporter to Brazil
China only exported 33,000 tonnes of fish, such as Pollock, salmon and cod, to Brazil in the same period.
By September 15 the value of Vietnamese catfish exported to Brazil reached $86.2 million, an increase of 19 per cent compared to the same period last year and accounted for 7.3 per cent of the country’s total fish exports.
Vietnamese catfish is well-received in the Brazilian market with strong growth in terms of volume and respectable increase in price.
Brazil is the second largest importer of catfish filets from Vietnam after the US. The South American country is an emerging market with a growing middle class that is contributing to the steady consumption of seafood products.
In 2013 Brazil was named among the top 10 seafood importers from Vietnam with the total value of $123 million, of which catfish accounted for 99 per cent with a value of $122 million.
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