(seafood.vasep.com) The US is one of the largest import markets for Vietnamese pangasius. After 10 years of establishing the comprehensive partnership between Vietnam and the US, Vietnam's pangasius export turnover to this country in 2022 reached 537 million USD, an increase of 41% compared to 2013.

By utilizing the black soldier fly larvae meal as a substitution for marine fishmeal in the diet of pangasius, we aim to improve the nutritional quality of our fish, reduce our ecological footprint and contribute to sustainable aquaculture.

(seafood.vasep.com.vn) On August 24, at the International Pangasius Outlook Forum held by the Vietnam Association of Seafood Exporters and Producers (VASEP) in Ho Chi Minh City, the speakers said that there is still significant potential for Vietnamese pangasius enterprises to export to densely populated markets with affordable income levels.

(seafood.vasep.com.vn) Navico has officially signed a cooperation agreement to consume fish products with the retail chain Bach Hoa Xanh. This move is expected to help Navico increase sales in the domestic market, and help Bach Hoa Xanh diversify its fresh product portfolio.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, by the end of June 2023, Vietnam's pangasius exports to China and the US reached 281 million USD, down 34% compared to the same period last year.

(seafood.vasep.com.vn) Vietnam's pangasius exports in June 2023 reached 143 million USD, down 33% over the same period last year.

(seafood.vasep.com.vn) Statistics from China Customs show that in the first 5 months of 2023, China imported nearly 137 thousand tons of pangasius, 16.5% higher than the same period last year. Particularly, whole pangasius butterfly cut products imports increased by 105% reaching 42.1 thousand tons. Import volume of frozen pangasius fillets reached nearly 95 thousand tons, decreased slightly by 2%.

(seafood.vasep.com.vn) Vietnam pangasius exports in May 2023 continued to record negative growth in many markets. Therefore, pangasius exports in the first 5 months of 2023 decreased by 40%.

(seafood.vasep.com.vn) By the end of April 2023, Vietnam's pangasius export turnover to the EU reached 60 million USD, down 8% over the same period in 2022, up 70% over the same period in 2021 and accounting for 11% of Vietnam's pangasius exports. In April 2023, pangasius exports to this market reached 15 million USD, down 21% compared to the previous month and down 18% compared to the same period last year.

(seafood.vasep.com.vn) In the first 4 months of 2023, Vietnam pangasius exports brought in nearly 570 million USD, down 41% compared to the same period last year. The world market is still heavily affected by inflation and economic slowdown, causing a decrease in seafood consumption demand, leading to a decrease in the volume and price of Vietnam's pangasius exports during this period. Vietnamese pangasius exports to many markets was continuously at a lower rate compared to the same period in 2022.

(seafood.vasep.com.vn) By 2025, Dong Thap will have 100% of pangasius farming establishments granted farming area codes and 100% of commercial pangasius farming establishments granted certificates of eligibility to issue codes for 100% of pangasius farming areas.

(seafood.vasep.com.vn) Over the past time, the aquaculture sector in Ben Tre has maintained a quite stable development, with more than 50,000ha of potential aquaculture area. By the end of 2022, Ben Tre’s aquaculture area was 47,590ha; total farming production reached 310,015 tons. Main farmed species included 83,100 tons of brackish water shrimp, 14,900 tons of molluscs, 203,000 tons of pangasius, over 90% of the farmed output has high economic value for export processing. Ben Tre has 13 seafood processing factories for export with a designed capacity of more than 150,000 tons. Seafood export output in 2022 increased by 14.02%. Currently, Ben Tre is calling for investment in a shrimp processing plant to process raw shrimp products of the province.

(seafood.vasep.com.vn) The average price of Vietnamese pangasius exports to the Chinese market decreased by 10% over the same period last year, from $2.42/kg in 2022 to $2.19/kg. The two main product lines exported to China are frozen pangasius fillets and cuts (HS code 0304) accounting for 68% of the value with more than 91 million USD, down 32% over the same period last year and fresh pangasius/ frozen/dried whole, cut into pieces (except fish under code 0304) accounted for 32% with nearly 42 million USD, up 7% over the same period in 2022.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, in the first quarter of 2023, Vietnam's pangasius exports to China and Hong Kong markets decreased by 22% to nearly 143 million USD. In which, pangasius exports to China reached 133 million USD, down 23% over the same period last year. Despite the decline, China still ranks first in the top markets for importing Vietnamese pangasius.

(seafood.vasep.com.vn) In the first quarter of 2023, Vietnam’s pangasius exports brought in $422 million, a decrease of 35% over the same period last year. Global food inflation along with high inventories has caused a fall in demand and import prices, which has negatively affected export sales of Vietnamese pangasius in many major markets.