According to statistics of U.S. Department of Agriculture (USDA), cephalopod imports into the country reported a successive growth in five-year period (2007 – 2011) and in 2011, the country boosted importing cephalopod from many origins including Vietnam. Top 3 leading cephalopod suppliers for the U.S. are China, Canada and Japan while Vietnam ranked the 16th position.
Compared to the corresponding period of 2011, cephalopod exports to the U.S. in the period between Jan - Jul 2012 were up 33 percent in which exports in the period between Mar and Jul 2012 surged continuously by 14 – 79 percent.
Cuttlefish (frozen, dried, salted or in brine, smoked), squid (frozen, dried, salted or in brine, smoked) anh octopus are the most consumed-popular items, accounting for 45 percent of total mollusk imports into the U.S. The country also bought cockle, scallops.
In the first seven months of 2012, although Vietnam cephalopod exports to the U.S. increased sharply over that of the same period of 2011, domestic exporters have suffered from barriers such as hiking input costs, lack of raw material for processing, and rocketing price of raw material. Thus, Vietnam cephalopod export volume occupied a modest proportion compared to that of other major suppliers such as China, Canada, Japan, New Zealand, Peru, or Thailand.
According to Global Agricultural Trade System (GATS), in the period between Jan and May 2012, the U.S. imported over 30.3 thousand MT of squid in all varieties, worth by nearly US$123.9 million, mainly from China. The average import price reached US$4.09 per kilogram, CIF. In the first quarter 2012, fresh squid imported into the U.S. was mainly served for domestic consumption. The U.S. imported Loligospp. squid with the highest price of US$6.3 – US$6.5 per kilogram. The import price of other frozen Loligo squid into the U.S. was quoted at US$4.66 – US$4.88 per kilogram.
Now, India, Chile are large suppliers of fresh squid for the U.S. China has advantages on exporting frozen Loligo opalescens squid to the U.S. and South Korea is dominating in exporting fresh octopus. In two recent years, mollusk exports of the Philippines to the U.S. have been increased sharply. According to USDA, in 2011, cephalopod exports of Philippines to the U.S. was up 121 percent in volume and 53 percent in value over those of the same period of 2011.
In the period between Jan and Jul 2012, despite modest proportion in cephalopod exports to the U.S., Vietnam cephalopod exporters are making effort to delivery more and more cephalopod products to the U.S. as well as other global markets.
(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.
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