(vasep.com.vn) In the first quarter of this year, Vietnam's pangasius exports brought in $422 million, down 35% over the same period last year. Global food inflation, coupled with a large inventory, caused demand and import prices to decrease, which had a negative impact on export sales of Vietnamese pangasius in many major markets.

(seafood.vasep.com.vn) Vietnam's crab exports continued to decline in March 2023. Export value this month reached 11 million USD, down 37% over the same period. The total value of crab exports in the first 3 months of the year was nearly 30 million USD, 42% lower than the same period in 2022. This decline is due to inflation still causing the demand for crabs to decrease in most of the main markets.

(seafood. vasep.com.vn) In February 2023, Vietnam's tuna exports to the UK suddenly increased more than 13 times over the same period, reaching 971 thousand USD. This positive result offset the decrease in January and brought the total export turnover in the first two months of 2023 to more than $1.3 million, nearly 3 times higher than the same period in 2022. The UK is currently the 15th largest single tuna import market of Vietnam.

(seafood.vasep.com.vn) In the ASEAN market, Singapore is standing out thanks to the strong growth in imports of Vietnamese pangasius in the first 3 months of this year, despite the context of inflation and reduced imports in the world market. Singapore is considered as the bright spot of Vietnam pangasius exports in 2023

(seafood.vasep.com.vn) In February 2023, Vietnam's shrimp exports to Australia recorded a growth signal, reaching $19 million, up 7%. However, shrimp exports to this market in January 2023 decreased sharply due to the Lunar New Year, so by the first half of March 2023, shrimp exports to this market reached 36 million USD, down 31% compared to the same period in 2022.

(seafood.vasep.com.vn) Thuan Phuoc Corporation set a business target in 2023 with a total revenue of 2,300 - 3,000 billion VND; export turnover reached from 100 to 130 million USD.

(seafood.vasep.com.vn) After a 34% decline in January, Vietnam's tuna exports to Spain suddenly reversed in February. The value of Vietnam's tuna exports to this market in February increased by 58%, reaching nearly 1.6 million USD. This figure contributed to bringing the total tuna export turnover to this market in the first two months of 2023 to nearly $2.5 million, up 4% over the same period.

(seafood.vasep.com.vn) In 2023, Stapimex sets an export target of 340 million USD, VND 500 billion profit and 100% dividend.

(seafood.vasep.com.vn) In 2023, SEAPRIMEXCO (CAT) set the pre-tax profit target of VND 30 billion in 2023; export turnover reached 32,000 USD; dividend in 2022 at the rate of 10% cash.

(seafood.vasep.com.vn) The recovery of China's economy will contribute to the growth of Nam Viet JSC's pangasius export output in 2023, offsetting the decline from other export markets of the enterprise.

(seafood. vasep.com.vn) According to statistics of Vietnam Customs, Germany is one of the few markets of Vietnamese tuna that can maintain a good growth momentum in the first two months of 2023. Tuna export turnover to this market continuously increased in the first 2 months of the year, reaching more than 5 million USD, up 47% over the same period in 2022. This has helped Germany become the 3rd largest single tuna import market of Vietnam in this period.

(seafood.vasep.com.vn) In the first two months of 2023, Russia is among many markets with negative growth in imports of Vietnamese pangasius, due to the impact of inflation and a decrease in demand.

(seafood.vasep.com.vn) In the first two months of 2023, cephalopod products contributed 8% of Vietnam's total seafood export turnover, with a value of over $89 million. In February, the export of cephalopods increased by 37% over the same period last year, reaching 47 million USD.

(seafood.vasep.com.vn) Accounting for 14% of Vietnam's total shrimp exports, South Korea is one of the important export markets of Vietnamese shrimp products. However, Vietnam's shrimp exports to this market are implemented under the quota mechanism, if exports exceed the quota, the import tax rate can be up to 20%.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, Vietnam's exports of fish cakes and surimi tend to recover in February. The export value of fish cakes and surimi this month reached nearly 23 million USD, up 8%. However, this increase is not enough to offset the decrease in January, so in the first 2 months of 2023, Vietnam's export turnover of fish cakes and surimi still decreased by 21% compared to the same period in 2022, reaching more than 42 million dollars.