Vietnamese cephalopod exports to China dropped by double digits in January and February 2020. In March 2020, cephalopod exports to this market rose by 4%, and in April 2020 exports recorded a surge of 304% compared to the same period in 2019, reaching US$ 4.3 million. From the beginning of the year to the first half of May 2020, Vietnamese cephalopod exports to China reached US$10.4 million, up 17.2% over the same period in 2019.
In the first two months of 2020, the Covid-19 epidemic caused cargo transportation activities in China to stall. The demand for squid and octopus in restaurants has decreased due to the government's measures to prevent the spread of diseases. Cephalopod import demand for processing also declined as Chinese processors were being canceled their orders and did not receive new requests from markets such as the US, EU, and Japan. Since March 2020, the Covid-19 epidemic in China has eased. Besides, countries such as the US, EU, and Japan have gradually relaxed isolation measures to prevent and combat the disease. Therefore, the demand for Chinese cephalopod recovered.
China mainly imports from Vietnam such as frozen whole cleaned cuttlefish, frozen classified squid, frozen Tempura breaded squid, dried squid, frozen cut octopus, frozen whole cleaned octopus ... In the structure of squid, octopus of Vietnam exports to China, squid accounted for 72%, octopus represened for 28%.
(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.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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