Vietnam Becomes Top Global Tra Fish Exporter: VASEP

Vietnam has become the world’s largest exporter of tra fish products with a market share of 99.9 per cent, according to Vietnam Association of Seafood Exporters and Producers (Vasep).

 

The country’s earnings from tra fish export were up 60 times over the past ten years while its tra fish output has leapt by 50 times, Vasep said.

 

Vietnamese tra fish products have been increasingly favored in Eastern Europe, Africa, and American with demand estimated to grow by ten folds against last year.

 

Last year, Vietnam reportedly earned US$1.44 billion from shipping 825,000 tons tra and basa fish products abroad, accounting for 2 per cent the GDP value of the year.

 

Recently, the Ministry of Agriculture and Rural Development has drawn up a tra fish farming development master plan till 2020, under which the country aims to double its tra breeding acreage to 13,000 ha and raise its output to nearly two million tons and its export value to more than US$2 billion. (Vietnam Agriculture)