In Jan 2016, China was the 3rd largest importer of Vietnam pangasius with over US$17 million, up 33.2% year on year, accounting for 11.5% of the total pangasius exports by Vietnam (after the U.S. and the EU).
According to statistics of the International Trade Center (ITC) based on the figures of Chinese Customs, in the first 10 months of 2015, imports of whitefish products into China were relatively stable, in which, frozen Alaska Pollock imports hit the highest proportion of 40-65%; followed by frozen Cod with 25-43%, frozen Haddock with 6-7%, pangasius and catfish with 1.5 - 4%. Despite a remarkable increase in pangasius exports to China in 2015, China’s demand for Vietnam pangasius are still high.
In 2015, Russia was the largest supplier of whitefish to China and occupied 60-70% of total imports, in which Vietnam ranked the 4th (behind China, the U.S. and Norway). Last year, China continued to import frozen Cod, frozen Alaska Pollock, frozen Haddock, frozen Hake from Russia.
|
Whitefish imports into China (Jan-Oct 2015) (US$ thousand) |
||||||
|
HS |
Products |
QI 2015 |
QII 2015 |
QIII 2015 |
Oct 2015 |
Jan-Oct2015 |
|
030363 |
Frozen Cod |
109,744 |
145,595 |
113,408 |
34,088 |
402,835 |
|
030367 |
Frozen Alaska Pollock |
281,032 |
254,477 |
106,759 |
18,115 |
660,383 |
|
030364 |
Frozen Haddock |
29,560 |
27,251 |
17,353 |
3,907 |
78,071 |
|
030462 |
Frozen pangasius and catfish fillets |
4,976 |
6,407 |
11,385 |
3,009 |
25,777 |
|
030366 |
Frozen Hake |
1,655 |
3,415 |
10,573 |
1,383 |
17,026 |
|
030475 |
Frozen Alaska Pollock fillets |
643 |
1,840 |
3,334 |
- |
5,817 |
|
030494 |
Frozen Alaska Pollock loins |
2,027 |
2,277 |
2,198 |
983 |
7,485 |
|
030324 |
Frozen pangasius and catfish |
638 |
679 |
1,354 |
537 |
3,208 |
|
030471 |
Frozen Cod fillets |
297 |
372 |
350 |
16 |
1,035 |
|
030461 |
Frozen Tilapia fillets |
174 |
- |
79 |
- |
253 |
|
Source: ITC |
||||||
In the Chinese market, Vietnam pangasius made up a small proportion compared with some whitefish products from Russia. China’s demand for whitefish products, including pangasius is expected to continue the increase in 2016. Vietnam pangasius exporters still have many opportunities to export pangasius to the market. Despite exposing many risks, this is considered a promising market of Vietnam pangasius.
Besides, drop in exports to some major markets as the U.S., the EU and increase in exports to China in 2015 was a good diversion. However, keeping the quality of products for export should be the first priority to overcome difficulties and develop sustainably in Vietnamese companies.
In 2015, amid a drop in exports to some major markets as the U.S., the EU, Vietnam pangasius exporters shifted to China. Vietnam pangasius enterprises always give priority to ensure the quality of their products for export to overcome difficulties and develop sustainably.
Written Ta Ha
Compiled by Dieu Thuy
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(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
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(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
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