However, Vietnamese pangasius sales to Mexico are downing. In September, exports decreased by 37 percent to US$4.8 million. This was the second consecutive month reporting drop in value.
Some exporters said that Mexican pagasius imports downed because there were much more domestic-farmed tilapia in this market. Moreover, prices for domestic and imported tilapia products were stable, so local consumers were turning to eat this kind of fish.
Importing tilapia products into the market has increased since May 2013. In the first months of the year, Mexico just purchased a much lower volume of tilapia compared to that of pangasius. However, purchases of these two kinds of fishes were nearly the same since May.
With total of US$78.7 million, China remained the leading supplier of frozen fish fillets of Mexico in terms of value through July 2013, followed by Vietnam with US$69.4 million.
Generally, Mexican consumers like eating more frozen fish than fresh and canned products. So far, per-capita seafood consumption of the country was 9 kilogram per year. Mexico’s governement took measures to enhance per-capita consumption in the next ten years. Currently, the country reports an annual fishery production of 1.7 million MT; 85 percent of which was wild-caught fishes, the rest is aquacultural species. Shrimp, tilapia, tuna are the main wild-caught and farmed species. Tilapia and catfish are also increasingly grown in some states of Mexico.
Mexico plans to undertake a pilot farming program with pangasius seeds from Vietnam, as well as conduct research to assess eventual environmental impacts of pangasius aquaculture on surrounding areas and communities.
Despite downing pangasius exports to Mexico in the last two months, this country has still been a steady market for Vietnamese pangasius with higher exported price compared to those offered by other importers, Vietnamese companies said.
Mexican imports of frozen fish fillets (HS code 0304) in 2013, US$ thousand |
||||||||
Origin |
January |
February |
March |
April |
May |
June |
July |
Jan - Jul |
China |
11,564 |
10,826 |
3,665 |
7,601 |
12,997 |
14,506 |
17,559 |
78,718 |
Vietnam |
12,450 |
12,514 |
9,582 |
7,721 |
8,120 |
8,667 |
10,355 |
69,409 |
Chile |
3,530 |
5,020 |
3,998 |
2,338 |
6,199 |
5,419 |
6,753 |
33,257 |
Indonesia |
14 |
478 |
238 |
464 |
680 |
282 |
790 |
2,946 |
Nicaragua |
152 |
164 |
29 |
64 |
48 |
54 |
244 |
755 |
Peru |
0 |
202 |
96 |
0 |
100 |
17 |
220 |
635 |
The U.S. |
177 |
129 |
342 |
149 |
166 |
197 |
200 |
1,360 |
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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