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Vietnam whiteleg shrimp exports rose nearly 200 percent in Aug 2013
September 23, 2013, 06:59 PM
(vasep.com.vn) According to Vietnam Customs, in the first 8 months of 2013, Vietnam shrimp exports totaled US$1.73 billion, up 22 percent on that of the same period of 2012. Since the second quarter of 2013, shrimp exports have recovered and reported continuous growth on par with that of the the same month of last year. In August this year, shrimp shipment generated US$335 million, marking the sharpest growth of 65.5 percent. Shipment of whiteleg shrimp increased 3-fold compared to the same month of 2012.

Through August, whiteleg shrimp exports of the country rose by 71 percent compared to the same time last year while exports of black tiger shrimp increased 2.7 percent.

So far this year, shrimp exports made up a large proportion of 41.6 percent among Vietnam’s total seafood export value thanks to higher global price and shorter shrimp supply. In Jan-Aug of 2013, the increase in shrimp exports compensated for the decrease in other seafood exports including pangasius down 1.6 percent; tuna (-4.6 percent), cephalopods (-18.2 percent) and contributed to push the total seafood exports to reach US$4.16 billion (+4.3 percent)

Shrimp exports to all markets posted a tremendous surge, in which exports to the U.S. with the growth of 146 percent in August and 52 percent in the first 8 months of the year. Shrimp exports to Japan rose 23 percent and 12.5 percent, respectively despite ethoxyquin inspection. Shrimp exports to EU went up in August (54.5 percent). Shrimp exports to South Korea started to recover with the growth of 96 percent in August after the previous decline.

The proportion of whiteleg shrimp exports out of the country’s total shrimp export value is more and more increasing. This year, the proportion of whiteleg shrimp is nearly equal to that of black tiger shrimp with 46.17 percent, increasing from 33 percent of last year.

Shrimp exports are on upward trend in upcoming months while pangasius exports have taken the downward trend since the third quarter of this year (down 1.4 percent in July and 7.7 percent in August). Pangasius exports is forecasted to contract in the forthcoming months in amid difficulties in domestic fish production. Exports of this item in Jan-Aug 2013 reached US$1.13 billion, down 1.6 percent.

Tuna exports continued to report deep dive of over 20 percent in recent months. The figure in the first 8 months of this year reached US$378 million, down 4.6 percent. Tuna exports in 2013 is expected to register US$540 million, down 5 percent over 2012.

VIETNAM SEAFOOD EXPORTS, JAN-AUG 2013, US$mil.

PRODUCTS

Jul 2013 (Value)

Aug 2013 (Value)

Compared to Aug 2012 (%)

Jan-Aug 2013 (Value)

Compared to the same period of 2012 (%)

Shrimp (HS code 03 and 16)

291.267

335.244

+65.5

1.729.459

+21.9

  - Whiteleg shrimp

153.386

189.222

+194.1

798.476

+71.2

  - Black tiger shrimp

119.375

128.582

+10.8

808.294

+2.71

Pangasius (HS code 03 and 16)

135.551

150.840

-7.7

1.135.929

-1.6

Tuna (HS code 03 and 16)

42.595

41.439

-21.1

377.768

-4.6

- Tuna HS code 16

20.753

25.090

+32.9

163.182

+20.9

- Tuna HS code 03

21.842

16.349

-51.4

214.586

-17.8

Other finfish (HS code 0301 - 0305 and 1604, ex. tuna and pangasius)

73.068

78.029

-7.5

536.033

-5.2

Mollusk (HS code 0307 and 16)

44.981

43.977

-7.2

321.146

-16.1

  - Cephalopod

39.102

38.790

-6.2

270.860

-18.2

  - Bivalve mollusk

5.783

5.054

-16.8

49.236

-4.7

Crab (HS code 03 and 16)

11.522

12.266

-14.6

59.893

-14.4

TOTAL

598.984

661.795

+17.2

4.160.228

+4.3

Source:
Kim Thu
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Specialist on Shrimp market
Ms Kim Thu
Tel: 84.24.3771.5055 (ext 203)
Portal of Vietnam Association of Seafood Exporters and Producers (VASEP)
Head office in HCM city: No 7, Nguyen Quy Canh Road, An Phu Ward, District 2, Ho Chi Minh City, Vietnam
Tel: (+84 28) 62810430 / Fax: (+84 28) 62810437 - Email: vasephcmcity@vasep.com.vn
Rep. office in Ha Noi: 10 Nguyen Cong Hoan Street, Ngoc Khanh Ward, Ba Dinh District, Ha Noi City, Vietnam
Tel: (+84 24) 37715055 / 37715318 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
In charge of content: Nguyen Hoai Nam (Mr) – Deputy General Secretary of VASEP
Managing Editor: Phung Thi Kim Thu (Ms.) Tel: (+84 24) 37715055 (ext: 203)
Email: kimthu@vasep.com.vn
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