Using Urner Barry's FDA database on seafood import rejections, we have found that overall the rate of rejection of seafood imports from China and Vietnam has dropped significantly in the 3rd quarter of 2012 compared to the 3rd quarter of 2011.
First, overall FDA Trade Refusals of US seafood imports in 2012 fell 11% in the 3Q when compared to the same time a year ago as fewer rejections were noted from top suppliers.
The FDA rejected 231 shipments of seafood imports during the 3Q of 2012 compared to 260 seafood shipments during the 3Q of 2011.
China and Vietnam accounted for 32% of all rejections in the 3rd quarter of 2011. This year they accounted for 21%.
In fact, the reduction in rejections from China and Vietnam accounted for the overall drop in FDA rejections last quarter. In 3Q 2011, there were 84 rejections from these countries, and in 3Q 2012 there were 48. This is a reduction of 43%.
The following chart shows that reductions in rejections by China, Vietnam, and also Indonesia are responsible for the overall improvement in the rate of FDA rejections for seafood not meeting US import standards.
This suggests that both China and Vietnam are making substantial progress in improving the quality and safety of their seafood exports, but that does not fit the alarmist media narrative of either environmental organizations who oppose aquaculture, nor the interests of US domestic shrimp producers who have tried to scare customers away from imported products by focusing on health and safety lapses.
(seafood.com)
(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.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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