Vietnam exports first batch of canned clam meat to Europe
11:10 12/02/2021

( After slowing down in the third quarter due to the impact of Covid 19, business activities of enterprises in the Mekong Delta, including Minh Phu Corp (MPC), have been active again since October. Minh Phu has started a chain of 3 processing factories. seafood processing plants, including Minh Phat, Minh Quy and Minh Phu with the same capacity of 18,000 tons/year and Quang Minh Packaging Factory with a capacity of 5,000 tons/year.

( While Vietnam's tuna exports to major markets such as the US, EU and CPTPP declined, exports to China increased. According to Customs statistics, the total value of tuna exports to this market in the first nine months of 2021 reached more than $4 million, up 66% over the same period in 2020.

( EU is Vietnam's second largest shrimp import market, accounting for 15%. Since the beginning of the year, Vietnam's shrimp exports to the EU market have recorded a good growth rate. It is forecast that the EU's shrimp import demand in the last months of this year will continue to increase.

( Canada is one of the five largest tuna export markets of Vietnam in the past three years. While tuna exports to large traditional markets such as the US and EU countries in 2021 are not stable, exports to Canada are on a good growth trend. In the first 9 months of 2021, the export value of tuna to this market increased by 22% over the same period to over 23 million USD.

( Korea is Vietnam's fifth largest shrimp import market, accounting for 9.5% of Vietnam's total shrimp export value. Vietnam's shrimp exports to this market, after declining in August due to social distancing to prevent the Covid-19 epidemic, showed signs of recovery in September and the first half of October this year.

( This year, pangasius exports to the Latin American market are quite good, most notably Mexico and Brazil. As of the first half of October 2021, the total value of pangasius exports to Brazil increased by more than 1.5 times over the same period last year, reaching 47.44 million USD.

( The US is the largest single import market for Vietnamese shrimp. The demand for US shrimp imports from Vietnam has been quite stable since the outbreak of the Covid-19 pandemic. Vietnamese shrimp in the US market is becoming more and more competitive when India (the largest supplier of shrimp in the US) also faces many barriers due to the Covid epidemic. The market share of Vietnamese shrimp in the US increased from about 8% (2020) to nearly 10% in the first 9 months of 2021.

( Ca Mau Provincial People's Committee and Minh Phu Seafood Corporation have just held the Groundbreaking Ceremony of the Minh Phu Seafood Processing Factory project chain at Khanh An Industrial Park, U Minh District, Ca Mau Province.

( Two products of frozen shrimp and rice exports of Soc Trang province grew strongly in the first 10 months of the year, of which shrimp exports increased by 21%.

( The rice-shrimp farming model is mainly concentrated in the coastal provinces such as Kien Giang, Soc Trang, Bac Lieu, Ben Tre, Ca Mau, etc. is giving high economic efficiency. Every year, farmers earn two sources of rice and shrimp, about 4-4.5 tons of rice/ha/crop and 0.45-0.5 tons of shrimp/ha/crop.

( Vinh Hoan Corp has just published a report for September 2021 with a revenue of VND 658 billion, bringing the total export revenue of the third quarter of 2021 to VND 2,128 billion, up 17% over the same period in 2020.

( In the first 9 months of 2021, Vietnam's tuna exports reached nearly 521 million USD, up 9% over the same period in 2020. Up to now, a number of industrial parks in the Central and South Central regions have started for businesses. working again.

( Vietnam's shrimp production and export in the second half of September 2021 has shown more positive signs, especially in some key shrimp provinces such as Soc Trang, Bac Lieu, and Ca Mau. Thanks to good epidemic control direction, businesses have both made efforts to fight the epidemic while trying to maintain production and export.

( While Vietnam's tuna export markets all declined in August, China is one of the few markets with positive growth compared to the same period in 2020. Tuna exports to this market in August 2021 increased by 8% over the same period in 2020, reaching 286,000 USD. In the first half of September 2021, the export value to this market increased sharply by 332% over the same period last year.

( The EU is Vietnam's largest bivalve mollusk import market, accounting for 62% of Vietnam's total export value of this item to markets.