(vasep.com.vn) India is the biggest market for Vietnam in the Southern Asia and one of the 10 leading trade partners of Vietnam in the world.
Increasing seafood imports from India
Since 2011, India has been the top supplier of fishery products to Vietnam with 20-percent proportion in Vietnamese import value. Vietnam mainly sources whiteleg shrimp and marine fish to process to export. In which, shrimp occupies 90 percent, the rest is tuna and cephalopod.
In the past years, Vietnam purchased more black tiger shrimp than whiteleg shrimp from India. In 2013, the proportion of whiteleg shrimp increased to 51 percent (3 folds above that of 2012) while black tiger shrimp was down by half to 37 percent year on year.
This decline was because India reduced its production of black tiger shrimp. Indian farmers grew more whiteleg shrimp to serve supply demands from global market and they did not face EMS disease.
|
Vietnamese fish imports from India, 2009 – 2013 (US$)
|
|
Products
|
2009
|
2010
|
2011
|
2012
|
2013
|
|
Shrimp
|
3,914,003
|
4,672,522
|
79,362,442
|
53,705,313
|
112,250,481
|
|
Tuna
|
155,960
|
46,820
|
408,213
|
553,513
|
1,373,594
|
|
Cephalopod
|
1,734,652
|
1,820,647
|
4,477,928
|
2,410,380
|
9,295,611
|
|
Bivalve mollusk
|
|
145,000
|
105,600
|
|
150,684
|
|
Crab, swimming crab and other crustaceans
|
|
43,133
|
136,015
|
45,661
|
|
|
Other fish products
|
396,380
|
427,958
|
1,691,064
|
478,640
|
283,502
|
|
Total
|
6,672,089
|
7,156,079
|
86,181,261
|
57,193,506
|
123,353,873
|
|
Growth rate (%)
|
|
7.3
|
1,104.3
|
-33.6
|
115.7
|
Exports to India
|
Exports of agricultural and seafood products to India (US$ mil.)
|
| |
2009
|
2110
|
2011
|
2012
|
|
Coffee
|
22.51
|
24.03
|
45.69
|
57.52
|
|
Pepper
|
15.03
|
18.5
|
36.3
|
38.40
|
|
Cashew
|
2.89
|
18.09
|
12.46
|
16.97
|
|
Seafood products
|
-
|
4.62
|
12.13
|
14.93
|
Exports of Vietnamese goods to India reported a considerable growth rate in terms of value. Over the recent five years, goods exports to this market got an average increase of US$320 million per year, equal to 46.22 percent. Products sent to India are diversified in varieties and in higher value. Thanks to these, Vietnamese products are expanding their footprints in the market and gaining the confidence of consumers there.
Agricultural and seafood products made up of the second largest part in Vietnamese goods exports to India. In long term, these products are expected to be Vietnam’s export items with high potential and competitiveness in Indian market.
Vietnamese exporters have accelerated sales of these items to India since 2010. In 2012, earnings from seafood valued at about US$5 million. Pangasius products are the most important in seafood export to the market. Over the years, pangasius made up of from 58 to 100 percent in Vietnamese seafood shipments to India. Whiteleg shrimp and marine fish products like surimi occupy a very small amount.
In 2013, Vietnam only sold pangasius to India and imported other fishery products from this market.
|
Vietnam fish exports to India, by products (US$)
|
|
No.
|
Products
|
2009
|
2010
|
2011
|
2012
|
2013
|
|
1
|
Dried products HS0305 (exclude tuna and pangasius)
|
14,379
|
|
11,100
|
|
|
|
2
|
Surimi and fish paste (include tuna and pangasius-derived products)
|
39,200
|
336,300
|
286,000
|
104,000
|
|
|
3
|
Fish fillets and fish meats HS0304 (exclude surimi and fish paste and tuna and pangasius)
|
63,158
|
|
|
|
|
|
4
|
Processed fish products HS16 (exclude tuna and pangasius)
|
|
|
8,643
|
|
|
|
Other fish products (HS from 0301 to 0305, and HS 1604, exclude tuna and pangasius)
|
116.737
|
336,300
|
305,743
|
104,000
|
|
|
5
|
Tuna HS 0304 (exclude surimi and fish paste)
|
80,438
|
|
|
138,750
|
|
|
Tuna (HS 03 and 16)
|
80.438
|
|
|
138,750
|
|
|
6
|
Live/fresh/frozen/dried pangasius HS03 (exclude fish of HS0304)
|
|
539
|
|
|
1.421
|
|
7
|
Pangasius HS0304 (exclude surimi and fish paste)
|
556,487
|
2,884,319
|
7,118,027
|
10,566,438
|
14.282.027
|
|
Pangasius (HS 03 and 16)
|
556.487
|
2,884,888
|
7,118,027
|
10,566,438
|
14,283,448
|
|
8
|
Fresh/frozen black tiger shrimp (HS03)
|
|
|
288834
|
|
|
|
9
|
Live/fresh/frozen whiteleg shrimp (HS03)
|
|
1,394,539
|
4,415,450
|
4,124,597
|
|
|
Shrimp of all products (HS 03 and 16)
|
|
1,394,539
|
4,704,284
|
4,124,597
|
|
|
Total
|
753.661
|
4,615,727
|
12,128,054
|
14,933,785
|
14,283,448
|
|
Growth rate (%)
|
|
512,4
|
162,8
|
23,1
|
-4,4
|