(seafood.vasep.com.vn) In the first half of August 2023, pangasius exports to the UK reached nearly 2 million USD, down 41% compared to the same period last year (more than 3 million USD), accounting for 3%. As of August 15 2023, Vietnam’s pangasius exports to this market reached nearly 42 million USD, down 2.4% over the same period in 2022 - a lighter decline than the sharp decline in exports to other major markets such as the US, EU, and China.

(seafood.vasep.com.vn) In the first 8 months of 2023, Vietnamese pangasius exports reached nearly 1.2 billion USD, down 34% compared to the same period in 2022.

(seafood.vasep.com.vn) By the end of July 2023, Vietnam's pangasius exports had surpassed the 1 billion USD mark, representing a 37% decline compared to the same period in 2022. Projections indicate that for the entirety of 2023, pangasius exports may reach 1.7 billion USD, signaling a 30% reduction compared to the preceding year. These insights were shared by Ms. Le Hang, the Communications Director of VASEP, during her speaking at the International Pangasius Outlook Forum 2023, organized by VASEP on August 24, 2023, as part of the Vietfish Fair 2023 framework.

(seafood.vasep.com.vn) The US is always in the top 4 largest export markets for Vietnamese shrimp. In the last 3 years (2020-2022), the US has held the No. 1 position with Vietnamese shrimp import value reaching from 800 million USD - over 1 billion USD, accounting for 23% of the total shrimp export value.

(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)Sales Director Igor Kint, Lenger Seafood Group based in the Netherlands, said that the company is about to expand its clam processing factory in Nam Dinh province.

According to Ms. Nguyen Thi Thanh Binh, Vietnam Coordinator, Minh Phu Seafood Corp and Stapimex are two leading shrimp companies in investing in certification of new farms according to the certification programs of the Global Seafood Alliance. demand (GSA) in the past 12 months.

(seafood. vasep.com.vn) According to statistics of Vietnam Customs, after a sharp drop of 51% in May 2023, Vietnam's tuna exports to the UK continued to increase in the following 2 months. This growth has contributed to bringing the total export turnover to the UK in the first 7 months of 2023 to 77% higher than the same period in 2022, reaching more than 4.5 million USD.

(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) In the first 7 months of 2023, Vietnam's tuna export was still 28% lower than the same period last year, reaching US$458 million. Low demand and purchasing power in some main markets have affected Vietnam's tuna exports. Moreover, the price of raw tuna is still high, which has pushed up the price of the final product, making it more difficult for consumption demand to recover, especially in the current economic context.

(seafood. vasep.com.vn) In July 2023, Vietnam's shrimp exports reached more than US$320 million, down 16% compared to the same period last year. The 16% drop in July was the lowest since the start of the year. By July 2023, shrimp exports reached US$1.9 billion, down 30% over the same period.

(seafood.vasep.com.vn) According to statistics of the US Department of Agriculture, imports of frozen tuna meat/loin (HS code 03048700) into this market in the first 5 months of 2023 were still lower than the same period of the same period, reaching more than 13 thousand tons, worth 170 million USD, down 38% in volume and 42% in value.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam's shrimp exports to China & HK in the first half of this year reached US$280 million, down 16% over the same period. June is the first month since the beginning of this year Vietnam's shrimp exports to China & HK recorded an increase over the same period last year, up 16% to US$67 million. Since March of this year, the monthly rate of decline has also narrowed.

(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.