(seafood.vasep.com.vn) At the 2023 General Meeting of Members and the 25th anniversary of the establishment of VASEP held on June 12, 2023, Mr. Do Ngoc Tai - Vice Chairman of VASEP, Chairman of Shrimp Committee - Director of Tai Kim Anh Seafood JSC gave a presentation on the situation of shrimp exports in the last 6 months of 2023.

(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) Vietnam's tuna exports in May 2023 continued to decrease by 26% over the same period in 2022, reaching nearly $70 million. Therefore, in the first 5 months of the year, tuna exports still decreased by 31% compared to the same period last year, reaching more than 317 million USD.

(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 April 2023, Vietnam's tuna exports remained at a lower level than in the same period last year. Tuna export value in this month only reached $67 million, down 38% compared to the same period in 2022. Therefore, cumulatively in the first 4 months of the year, tuna exports still decreased by 33%, reaching nearly $248 million.

(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) Exports of Vietnamese tuna to China were not positive in 2022. The export value to this market reached nearly $8.5 million, down 11% compared to 2021. However, entering 2023, export to this market is very promising.

(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) Camimex Group JSC, formerly known as Ca Mau Frozen Enterprise, was established in 1977, operating mainly in the field of aquaculture, processing and preservation of seafood and aquatic products; export aquatic products, agricultural products. In 2005, Camimex officially became a joint stock company and in 2010 officially listed on HoSE. In the context of Vietnam's shrimp exports continuously declining in the first months of 2023, Camimex aims to increase 28% of seafood export turnover in 2023, equivalent to 100 million dollars.

(seafood.vasep.com.vn) In recent days, many seafood businesses have reported a decline in business results and profits since the beginning of the year. The market landscape is largely covered in shades of gray as the global economy remains unstable, with inflation showing no signs of cooling down in many major countries. Vietnamese seafood exports to key markets continue to decline sharply in April 2023, reflecting the impact of inflation and economic downturn in countries with import demands and seafood consumption.

(seafood.vasep.com.vn) Vietnam’s tuna exports to France experienced a galloping growth in 2022, an increase of nearly 101% compared to 2021. However, from the end of 2022 to the beginning of 2023, inflation in France led to a sharp increase in food prices, causing the consumption of high-end food to slow down, demand for many products including tuna dropped sharply, resulting in a decrease in imports.

(seafood.vasep.com.vn) To help Vietnamese shrimp brands make a mark on the international market is still a big goal for the whole industry. Vietnam's shrimp industry has many opportunities for growth, but also countless challenges. One of the big challenges is chain linkage, closing the entire production process to control the quality of output products. This is the key to improving the value of Vietnamese shrimp exports to demanding markets.

(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) According to the April socio-economic report of Ca Mau province, the province's total seafood volume in April reached 54,240 tons, up 5.18% over the same period in 2022. In which, the shrimp output reached 21,850 tons, up 8.58% over the same period in 2022, equivalent to 21% of Vietnam's total shrimp volume in April 2023.