In the top 10 shrimp import markets in the first 2 months of this year, besides the countries as the top 10 markets last year (USA, Japan, South Korea, Australia, China, Canada, UK, Germany, Hong Kong), the Netherlands has replaced Singapore, after exporting to the Netherlands increased by 27%, while exports to Singapore plummeted by 97%.
Position in the top 10 shrimp import markets has been changed by the big surges in export value to the US, Australia, Canada, Germany and the Netherlands (up by 14%, 115%, 14%, 20% and 27% respectively) and the slowdown in Japan, UK, and Hong Kong (down by 6%, 75% and 29%, respectively).
Top 10 shrimp exporters to Australia, the first 2 months of 2021 |
|
No |
Exporter |
1 |
Minh Phu Hau Giang Seafood Joint Stock Company |
2 |
Minh Phu Seafood Corporation |
3 |
Ca Mau Seafood Processing and Service Joint Stock Company |
4 |
Sao Ta Foods Joint Stock Company |
5 |
SEAVINA Joint Stock Company |
6 |
O&H Loong Pty Co., Ltd |
7 |
Quang Minh Seafood |
8 |
Argex Saigon Foodstuffs Joint Stock Company |
9 |
Hasa Seafood Corporation |
10 |
Hai Viet Corporation |
Australia is in the top 4 Vietnam shrimp export markets
Notably, the acceleration of shrimp exports to Australia has brought this market from 10th place to top 4 after only the US, Japan and South Korea. In the first two months of 2020, there were 35 companies participating in shrimp export to this market, after 1 year, there are 12 more companies exporting shrimp to Australia. The increase in the number of shrimp exporters and the increase in export turnover of large companies was the factors that brought positive results for shrimp exports to Australia. In particular, Minh Phu Corp alone accounted for 37% of the total Vietnamese shrimp exports to Australia and sales soared 159% over the same period last year. In addition to Minh Phu, CASES, Agrex Sai Gon, SEAVINA, Quang Minh Seafood, Hai Sang Seafood, O&H LOONG PTY ...and also Sao Ta Food Joint Stock Company were in the top 10 shrimp exporting enterprises to Australia in the first two months of this year. Shrimp exports to Australia grew spectacularly mainly thanks to whiteleg shrimp, up by 192% and accounting for 92% of the total shrimp export value, while black tiger shrimp exports decreased by 3.7% and only accounted for 1.4% of exports, the rest are other types of shrimp accounted for 6.5%, down by 2%.
The main shrimp products exported to Australia in the first 2 months of the year include: frozen headless peeled fresh white shrimp with tail, frozen fresh PD white shrimp, frozen steamed/boiled PD shrimp, Frozen breaded whiteleg shrimp, Other processed shrimp (dumpling, spring roll, seasoned shrimp and meat ...), fresh, frozen tiger shrimp ... Notably, in addition to traditional products, in the first 2 months of this year, Australia imported a lot of dried shrimp from Vietnam (8.1 million USD worth), while in the same period last year, this market did not import dried shrimp.
Top 10 shrimp export markets of Vietnam, the first 2 months of 2021 |
|||
Market |
Value (mil USD) |
Change vs last year (%) |
Proportion (%) |
The U.S |
85.824 |
14 |
20.8 |
Japan |
82.675 |
-6 |
20.0 |
South Korea |
44.657 |
0 |
10.8 |
Australia |
29.614 |
115 |
7.2 |
China |
26.225 |
11 |
6.3 |
Canada |
23.061 |
14 |
5.6 |
The U.K |
21.955 |
-75 |
5.3 |
Germany |
14.162 |
20 |
3.4 |
The Netherlands |
13.486 |
27 |
3.3 |
Hong Kong |
10.418 |
-29 |
2.5 |
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(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.
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn