Mexico was the largest buyer Tra fish exports as it spent 31 million USD on Vietnamese products, rising 35 per cent against the same time last year, followed by Japan (18 million USD, up 35 per cent), Canada (18 million USD, up 15 per cent), and Singapore (16 million USD, up 0.2 per cent).

Vietnam gains 114 million USD from tra fish export to the CPTPP markets as of June 15. (Source: baodautu.vn)

The Vietnam Association of Seafood Exporters and Producers (VASEP) said the trade pact has created momentum for the Vietnamese fisheries to “take off”, highlighting the implementation of the free trade agreement has facilitated enterprises’ market expansion and personification while helping Vietnamese fishery products, including tra fish, better integrate into the global production and supply chains.

The association expected that tra fish shipment in the second half of the year will maintain its growth since prices and demands are stabilizing, suggesting enterprises improve their competitive edge, and study the benefits regarding tariff rates that the CPTPP has brought about to enhance export.