2021 - a successful year of overcoming difficulties for Vietnamese seafood exporters

(seafood.vasep.com.vn) In 2021, Vietnamese seafood exporters have experienced ups and downs because of the Covid epidemic. Accordingly, in the third quarter of the year, production and exports declined due to restrictive measures and social distancing to prevent the Covid-19 epidemic. However, after easing the social distancing restrictions under Resolution 128, seafood exports quickly recovered and increased sharply in the last quarter of the year, bringing the whole year export result to $8.9 billion, an increase of nearly 6%. compared to 2020.
2021  a successful year of overcoming difficulties for Vietnamese seafood exporters
2021 - a successful year of overcoming difficulties for Vietnamese seafood exporters

In 2021, there are nearly 800 Vietnamese enterprises participating in seafood export activities. In which, the top 100 enterprises with a turnover of 20-400 million USD, this top accounted for 65% of the total seafood export turnover of the country.

Enterprises with the largest sales are: Minh Phu Seafood Corporation (Minh Phu Seafood Corp) with sales of over 395 million USD, accounting for 4.44%, ranking first in seafood and shrimp exports of the country. Whiteleg shrimp accounts for about 60% of Minh Phu's sales, and black tiger shrimp for 40%. In 2021, Minh Phu shrimp products will be available in over 40 markets around the world, with key markets such as the US, Japan, Canada, Australia, the Netherlands...

Next is Soc Trang Seafood Joint Stock Company (STAPIMEX) with sales of 317 million USD, accounting for 3.56% with the strength of whiteleg shrimp. In 2021, STAPIMEX's products have been exported to 25 markets, with major markets such as the US, Canada, Belgium, Germany, Israel...

In third place is Vinh Hoan Joint Stock Company (Vinh Hoan Corp) with sales of over 276 million USD, accounting for 3.1%. In 2021, Vinh Hoan's pangasius products were present in 36 markets around the world and achieved breakthrough growth in many markets such as the US, UK, Canada, Switzerland, Spain...

The next two companies are Minh Phu - Hau Giang and Ca Mau Seafood Processing and Services Joint Stock Company (CASES) with sales of 249 million USD and 197 million USD respectively.

Last year, seafood companies made great efforts to overcome the most stressful period because of Covid in the third quarter, then recovered quickly. In particular, pangasius processors and exporters almost made a strong breakthrough in the fourth quarter, after the social distancing was eased, many companies achieved higher sales than before the peak of the epidemic. Large shrimp exporters also recovered production and exports in the fourth quarter, but many companies have not returned to the level before the peak of the epidemic.

More detailed information and data on the development and export results of Vietnamese seafood exporters is available in the Report on Vietnam's seafood exports in 2021.

Contact email: nguyentrang@vasep.com.vn

Lê Hằng
Deputy Director of VASEP.PRO
Email: lehang@vasep.com.vn
Telephone

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