In the first two months of 2021, Vietnam's seafood exports to other countries continued to be affected by Covid, which slowed down logistics operations, soared sea freight, and increased production and export costs. However, exports to Australia and Canada still maintained impressive growths, up by 38.6% and 11.5% respectively compared to the same period last year with 39.3 million USD and 35.4 million USD.
Thanks to its high growth rate, Australia from the 7th market in 2020 has surpassed to the 5th place among the top 10 single markets of importing Vietnamese seafood in the first 2 months of this year. The share of this market in total exports in 2020 was 2.7%, with the higher results in the first 2 months of this year, the proportion has increased to over 4%. Australia is only behind the US, Japan, China and South Korea in the top 10 markets for Vietnamese seafood. In particular, shrimp alone accounts for 66% of total exports to this market. In 2021, by the end of February, Australia was the fourth largest shrimp market of Vietnam, with a value of over 26 million USD, up by 59%. In the context of Covid, Australia increased imports of frozen steamed white shrimp and dried shrimp from Vietnam.
In 2020, Canada is the 6th largest market for Vietnamese seafood, accounting for 4.1%, with an import value of 263 million USD. In the first two months of 2021, Canada still maintained the 6th position, accounting for 3.5% and growing steadily at 11.5%. In particular, shrimp also accounted for the largest proportion in the seafood products exported to this market, accounting for 61%. However, shrimp exports to Canada increased only slightly by 1.5% to 21.5 million USD. Meanwhile, the export of pangasius and tuna to Canada increased strongly by 13.5% and 36.4%.
In addition to Australia and Canada, the export of Vietnamese seafood to Chile in 2020 and the first two months of this year both increased sharply. Meanwhile, exports to other member countries, especially Asian countries, almost declined due to the impact of the Covid epidemic. This result also clearly shows the positive impact of the CPTPP agreement on exports to countries that first join FTAs with Vietnam such as Canada and Chile. Moreover, in the context of economic difficulties in countries, tariff preferences are fully utilized by importers as a competitive advantage. Therefore, it is forecasted that Vietnam's seafood exports to Australia, Canada and Chile will continue to increase in the coming months and in the whole year 2021.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
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