During the first half of the year, farm produce export earnings were estimated at 9.1 billion USD, up 15.4 percent year-on-year. Meanwhile, revenues from aquatic and forestry product shipments reached 3.5 billion USD and 3.8 billion USD, respective increases of 14.1 percent and 12.8 percent.
Vietnam exported 413,000 tonnes of rice worth 182 million USD in June, raising the six-month volume and value to 2.8 million tonnes and 1.2 billion USD, up 6.3 percent and 4.9 percent, respectively. China remained the top importer of rice from Vietnam.
Pepper exports were estimated at 23,000 tonnes in June, bringing home 110 million USD. Over the first six months, the volume rose 18.3 percent to 126,000 tonnes but the value was down 16.8 percent to 714 million USD.
Meanwhile, the country earned 259 million USD from selling 109,000 tonnes of coffee in June. The six-month volume and value were 817,000 tonnes and 1.86 billion USD, down 16.7 percent and up 9.5 percent, respectively. Germany and the US remained the largest importers of Vietnamese coffee.
During the January-June period, wood and wooden furniture raked in 3.6 billion USD, or 13.2 percent higher than the same period last year, mostly sold to the US, China and Japan.
Aquatic products worth 3.5 billion USD have been shipped abroad since the beginning of this year, predominantly to the US, Japan, China and the RoK, marking a 14.1 percent rise.
The ministry also reported that Vietnam spent 2.94 billion USD on importing agro-forestry-aquatic products, pushing the six-month figure to 14.06 billion USD, up 25.4 percent.
Source: VNA
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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