US pangasius prices on the rise

Through 15 March 2014, Vietnamese pangasius exports to the U.S. had a worth of USD 73.1 million (EUR 52.9 million), up 17.4 percent year-on-year, according to Vietnam Customs. The U.S. remained Vietnam's largest pangasius importer with a proportion of 21.4 percent in total sales abroad.

At the time being, the supply of raw pangasius in Vietnam is stable though the fish production is predicted to be lower compared to that of last year. Some Vietnamese companies say that pangasius imported into the U.S. rose USD 0.15 (EUR 0.11) compared to quotation in early 2014 because of higher price for domestic raw pangasius.

Through February 2014, pangasius from Vietnam was USD 2.93 (EUR 2.12) per kilogram, down 2 percent year-on-year.

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