Specifically, up to now, the province's export turnover has reached 962.9 million USD, equaling 83.7% of the plan, up 40.6% over the same period. In which, seafood export reached 799.2 million USD, equaling 74.7% of the plan, up 25.7% over the same period; fertilizer export reached 163.5 million USD, exceeding 109.6 % of the year plan.
The area of super-intensive shrimp farming continues to increase when up to now, there are 4,156.8 ha/4,365 households stocking. Along with that, the extensive shrimp farming area has improved over 171,469 hectares and is currently stocking 100%, which will be an abundant source of raw materials for export demand at the end of the year.
“According to information from seafood import and export processing factories in the province, currently export orders have been signed with foreign partners until December 2022 and are continuing to negotiate. The agreement is signed for the next stages, so shrimp prices in the coming time will be stable and less volatile,” said Mr. Chau Cong Bang, Deputy Director of the Department of Agriculture and Rural Development.
According to Mr. Chau Cong Bang, it is forecasted that this year Ca Mau will continue to achieve the third consecutive time with a seafood export turnover of over 1 billion USD, despite market fluctuations due to the impact of pandemic and conflicts and inflation.
Vice Chairman of the Provincial People's Committee Le Van Su said that the socio-economic development recovery programs and policies of the Government, ministries, central branches and Ca Mau province have brought into play their effects, helping businesses to step up processing and export activities. At the same time, the province's seafood exporters have made good use of the advantages from the Free Trade Agreements, contributing to increasing the province's seafood export turnover to the US and the EU , Canada, Australia, China markets.
Compiled by Thuy Linh
(seafood.vasep.com.vn) Sao Ta (FMC - HoSE), a key subsidiary of PAN Group, has announced impressive business results for February. The company's shrimp production reached 1,913 tons, a 106% increase compared to the same period last year, while agricultural product production reached 67 tons, up 6%.
(seafood.vasep.com.vn) The tuna export market of Vietnam in the first month of 2025 has seen notable fluctuations. Exports to most major markets have decreased compared to the same period in 2024.
The Seafood Expo Global is the largest seafood industry event in the world, truly becoming a professional playground and a strong foundation for connecting the international seafood community. The Seafood Expo Global (SEG) 2025 will take place from May 6 to May 8, 2025 in Barcelona, promising to be an important platform for the global seafood community to meet, trade, and seek business opportunities in seafood industry.
(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam’s pangasius exports in January 2025 reached over USD 133 million, marking a 19% decline compared to the same period last year. Notably, the ranking of the top pangasius import markets saw significant adjustments.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
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