Although Korea was the largest market of Vietnam cephalopod, the market had the lowest growth among those of three major importing markets. In the first two months of this year, exports to South Korea reached US$23.07 million, up 8% over the same period in 2016. In February 2017, the sales reached US$8.1 million, up 34% from Feb 2016.
Thanks to positive outlook in the economies of the US, Japan and the EU in the early months of this year, cephalopod exports reported the growth in these markets, especially the EU. Cephalopod exports to the EU in the first two months of this year were worth US$11.9 million, up nearly 60% over the same period last year. Particularly, in February 2017, export value reached US$3.2 million, up 22% compared to February 2016. The EU was the third largest market of Vietnam cephalopod, accounting for 19% of the total export value of cephalopod. Belgium was the third largest importer in the bloc but had the highest growth rate. In the first 2 months of this year, exports to Belgium reached US$869 thousand, up 245.7%. France was the second largest importer of Vietnam cephalopod in the EU. Italy was the leading importer in the EU, reaching US$6.5 million, up 35.7% over the same period in 2016.
Asean was the fourth largest market, accounting for 11.2% of the totals, reaching US$6.9 million, down 5% over the same period of 2016. Thailand accounted for 84% of the market, reaching US$5.8 million, up 0.2% over the first two months of 2016. Exports of cephalopod to China, Hong Kong increased by 25% in the first two months of this year reaching US$2.1 million while exports to Taiwan fell sharply nearly 57%, reaching US$$402 thousand.
In the first two months of this year, squid exports reached US$$36.2 million, accounting for 58% of total exports, while octopus accounted for 42% with the value of US$26.2 million.
Written by Ngoc Thuy
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
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