According to Anfaco, this is the chapter that experienced the greatest growth among seafood and aquaculture products, which together generated more than EUR 1,660 million between January and July 2012, a 7.62 per cent increase compared to the same period last year.
As to frozen fish, 267,650 tonnes were sent abroad for more than EUR 453 million, figures that show a drop of 8.35 per cent in volume and a rise of 11.81 per cent in value.
In the case of fresh fish, exports were up 6.36 per cent in value, reaching over EUR 207 million, despite a decrease of 4.79 per cent in volume, which amounted to 47,047 tonnes.
The same trend was observed in the area of shellfish, which recorded a 3.25 per cent increase in value and 3.31 per cent in volume, with EUR 275 million and 84,621 tonnes.
Regarding crustaceans, 20,068 tonnes were sent abroad (5.04 per cent less than in the first seven months of 2011) for EUR 120 million (8.51 per cent more).
By contrast, exports of fish fillets increased by 3.92 per cent in volume – 27,990 tonnes – and were down 4.19 per cent in value -- EUR 142.7 million.
In the report, Anfaco notes that shipments of dried, salted and/or smoked fish abroad increased by 5.93 per cent in volume (8,795 tonnes) and decreased by 0.07 per cent in value (EUR 40 million).
Among canned products, tuna remains the 'flagship' with 70 per cent of the total value and more than EUR 297 million between January and July, 2012.
In the same period, Spain exported 61,802 tonnes of tuna, that is to say, 0.23 per cent more than in 2011.
The 'big increase' is also highlighted among the sales of mackerel, with 72 per cent in volume -- 1,036 tonnes -- and 54 per cent rise in value -- EUR 4.5 million.
Furthermore, there was a growth in the sales of canned sardines abroad: 1,435 tonnes (1.2 per cent more than in 2011) for EUR 5.6 million (up 7.2 per cent).
With regard to destinations, Europe remained the largest market, with a rise in exports of 11.89 per cent, reaching EUR 387.3 million. America was the second destination, with EUR 15.3 million, that is to say, 3.43 per cent more than in the first seven months of 2011.
Africa (EUR 14.2 million), Asia (EUR 2.9 million) and Oceania (EUR 712,000) were located further back.
(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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