Tra fish exports forecast at 1.8 billion USD

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ExpoTra fish exports forecast at 1.8 billion USDrts of tra fish are expected to reach around 1.8 billion USD due to high demand from export market, according to the Ministry of Agriculture and Rural Development.

Despite a hike in the price of the fish, many local businesses succeeded in signing a number of contracts to ship abroad until the end of this year.

The tra fish export activities in the first eight month of this year were dull. Vietnam’s tra fish exports recorded a yearly increase of 3.23 percent in volume but a year-on-year decrease of 7.93 percent in value during the first eight months of this year.

According to the Ministry of Agriculture and Rural Development, Vietnam’s seafood export turnover in the first nine months of this year reached over 4.6 billion USD, a year-on-year increase of three percent.

Source: VNA

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