MEKSEA.COM – According to data from Vietnam Customs, the export of pangasius to Colombia in August 2024 reached over 6 million USD, an increase of 37% compared to August 2023. Since the beginning of this year, Colombia recorded the highest import value in August 2024. The accumulated export value of pangasius for the first eight months of this year to this market reached 35 million USD, an increase of 44% compared to the same period last year.

According to data from the International Trade Center (ITC), in the first six months of 2024, there were a total of 9 whitefish suppliers to Colombia. Among them, Vietnam was the largest supplier of whitefish (mainly pangasius) to Colombia, with nearly 19 million USD, up 15% over the same period last year. Vietnam accounted for 66% of the total whitefish Colombia imported from the world in the first half of this year. China was the second-largest supplier of whitefish to Colombia after Vietnam, with a share of 32%. The value of whitefish imports from Peru, Ecuador, Venezuela, the U.S., Uruguay, Panama, and Chile to Colombia was almost negligible, with a negative growth trend.

Some of the most imported whitefish products to Colombia in the first half of this year include frozen pangasius and catfish with HS code 030324, which accounted for 44%; frozen tilapia fillets with HS code 030461, which accounted for 30%; and frozen catfish fillets with HS code 030462, which accounted for 20% of the total value of whitefish imports from the world.

Colombian consumers highly favor frozen pangasius and catfish products with HS code 030324. In the first half of this year, the country imported more than 12 million USD worth of HS code 030324 products from Vietnam, an increase of 27% compared to the same period last year, accounting for 98% of the total value of Colombia’s imports of this product from the world.

Colombia is the fourth largest economy in Latin America and an advanced freshwater aquaculture country in South America, with tilapia as its key product. However, Colombia continues to maintain a stable import of frozen pangasius products from Vietnam. The export value to this market is increasingly positive in the last months of the year as hotels and restaurants boost their stockpiling to serve the holiday season and year-end festivals.

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Kindly please visit Meksea website to explore our pangasius products: https://mekseaconnection.com/product-category/pangasius/

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By Hayati (Meksea Team)

(hayati@mekseaconnection.com)

(Reference: VASEP)

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