Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD). In March alone, the figure hit 4.85 billion USD, a year-on-year rise of 6%. Of the total, the contribution from major agricultural products was 2.75 billion USD, major forestry products 1.22 billion USD, aquatic products 653 million USD, and livestock 43.6 million USD. In the first quarter of this year, upturn has been seen in the export value of all exports, including agricultural products (31.1%), forestry products (18.8%), aquatic products (1.9%), and coffee (44.4%). There are four products recording export revenue of over 1 billion USD, namely wood (2.32 billion USD), fruits and vegetable (1.23 billion USD), rice (1.37 billion USD), and coffee (1.9 billion USD). Meanwhile, many products enjoy a rise in export prices, including rice, coffee, rubber, and peppercorn. Strong rise has been seen in the export revenue from major markets, including Asia with 16.6%, the US 27.2%, Europe 34.8%, Oceana 22.9%, and Africa 21.6%. So far, China, the US, and Japan have still been the three leading markets of Vietnamese agro-forestry-fisheries products, with respective consumption of 20.2%, 19.9%, and 7% of Vietnam’s total export volume. The MARD said that along with guiding farmers in applying suitable crop and livestock structure, it will focus on developing domestic and foreign markets for the agro-forestry-fisheries products, and creating favourable conditions for exporting activities.
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
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