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Vietnam Seafood Exports Decreased 31 percent in February
April 08, 2013, 10:07 AM
Viet Nam's seafood export in February 2013 declined 30.8 percent reports VASEP. Total seafood export for the first two months of the year is down 0.6 percent compared to the same period last year, reaching $779 million.

In February, exports of pangasius dropped 39 percent and shrimp 33 percent. Export of these items reduced due to resource and market constraints, reports VASEP.

Meanwhile, tuna is still favourable, thanks to a source of raw materials from mining.

There was a significant decline in exports to the US, which fell by nearly 10 percent. To the EU they fell 33 percent, Japan 33 percent, Mexico 55 percent and China at least 23.5 percent.

Seafood forecast in March continued to reduce or slow down due to the problems in the first place. Shrimp exports will be difficult due to problems Ethoxyquin test in the Japanese market has not been resolved, while the risk of anti-subsidy tariffs in the U.S. market.

Meanwhile, pangasius are facing major challenges and risk losing the US market after the US Department of Commerce (DOC) announced the results of anti-dumping in the first administrative review POR8 for Vietnam pangasius.

Kim Thu
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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