Exports to Italy (the largest single market in the bloc, accounting for 30% of Vietnam's total bivalve mollusc exports to the EU), reached over $22 million, up 49%. Followed by the Spanish market with an export value of USD 21.3 million, up 42% and exports to Portugal reaching USD 17.5 million, up 37% over the same period last year. The main products exported to these 3 markets are white clams and frozen steamed brown clams. The average export price to Italy ranges from 2.35 to 2.69 USD/kg, while the average export price to Spain and Portugal ranges from 1.7 to 2 USD/kg.
France ranks 6th in terms of importing Vietnam's bivalve molluscs in the EU, however, importing bivalve molluscs into France from Vietnam as of November 15, 2021 recorded the best growth rate of 191%.
Italy imports the most bivalve molluscs from Vietnam in the EU. The major bivalve mollusc products exported to Italy include frozen whole brown clams, frozen boiled brown clams, frozen boiled white clams, frozen steamed silk clams, and frozen processed clam meat. .. Some companies exporting clams to the EU include Lenger Vietnam Seafood Co., Ltd., Thanh Hoa Seafood Import-Export Joint Stock Company, Minh Dang Co., Ltd., Thai Binh Clam Co., Ltd., and Viet Long Kien Giang Co., Ltd., Ben Tre Seafood Joint Stock Company...
Chile, the Netherlands, and France are the three largest suppliers of bivalve molluscs to the EU. Vietnam is the 7th largest source of this item for the EU.
As a convenient and easy-to-use product during the epidemic season of having to stay at home a lot, the demand for canned bivalve mollusk products in the EU retail segment also increased sharply amid the re-emergence of the Covid-19 epidemic. . Demand for importing these products from the EU is still very high in the coming time.
In November of this year, the first container of canned clam meat was exported to Europe by Lenger Vietnam Seafood Co., Ltd. This is a good sign that we have controlled the farming area, source of raw materials, modern production and processing processes to ensure quality to meet the strict standards of the markets.
After this first container, Lenger Vietnam Seafood Co., Ltd continued to perfect the production line, actively looking for potential customers for this canned clam meat product in the following countries: Japan, Korea, and the United States. Russian state…
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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