In July 2019, Vietnam's crabs exports to the US reached US$5.7 million, down 14.9%. In the first 7 months of 2019, the export value reached US$27.8 million, up 3.5% over the same period in 2018.
In the US market, Vietnamese live marine crab (Scylla serrata) with the size of over 200 grams/individual has an average price of about US$14/kg. In addition, the US imports a lot of Vietnamese canned crabmeat with an average price of US$155-200/carton. Crabmeat was sterilized and packed in can with size of 401x301.5 (1 carton = 12 cans).
The US was the largest crabs importer in the world, accounting for about 50% of the world's total crabs imports. Crabs imports into the United States have been increasing continuously since 2015 and the demand for crabs in the US is expected to remain high this year.
From 2014 to 2018, US crabs imports ranged from US $ 1.6 billion to US $ 2.1 billion, of which the import value in 2015 was the lowest with US $ 1.56 billion and that of in 2018 reached the highest of US$2.1 billion. The import value of surimi into this market has increased continuously since 2015.
Canada was the largest crabs supplier for the US, accounting for 45% of the total value imported into the US. Followed by some other suppliers like Russia, Indonesia and the Philippines. These markets accounted for 23%, 12% and 2.9% respectively. Vietnam was the 6th largest supplier for the US, accounting for 2.1%.
In the first 7 months of 2019, crabs imports into the US reached US $ 1.5 billion, up 8.8% over the same period in 2018. Among the top 5 main suppliers, imports from Canada and Russia grew by 2 digits while imports from Indonesia, Philippines, Mexico declined by 2 digits. Imports from China dropped sharply by 53% due to increased import taxes.
In the US market, Canada - the largest crab supplier for the US, always dominates because of a stable supply and competitive prices. Vietnamese crabs have to compete on prices with Asian rivals such as China, meanwhile import prices from Indonesia and the Philippines were higher than Vietnamese crabs.
It is expected that, in the last months of 2019, the consumption of crabs in the US will continue to increase.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
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