In 2011, tuna exports from Ecuador to Venezuela reached 12,100 MT million corresponding to a value of USD 55.5 million. In 2010, 11,000 MT were sold to the Venezuelan market, according to the company Manifiestos and Ecuador Pesquero.
During the first half of this year, Ecuador exported a total of 86,800 M/T of tuna valued at USD 200.2 million. Venezuela’s take was 3,500 MT, equivalent to USD 14.7 million, as per Manifestos statistics.
Earlier this year, the national tuna companies Salica and Nirsa in Guayas; Asiservy, Isabel, Ideal, Markfish, Tecopesca, Bilbosa, Saefman and Promarsan, in Manabí, received a delegation from Venezuela composed of more than a dozen political and business representatives.
During their visit, the delegates from Venezuela inspected the tuna plants and the quality of the products.
The director of the Venezuelan Marketing and Logistics of the Agricultural Supply and Service Corporation (CASA), Andres Moffe, confirmed Venezuela’s intention to further strengthen the purchase of Ecuadorian tuna. “We do not want to be considered in Ecuador as mere customers or partners,” he said.
The tuna entrepreneur Bruno Leone confirmed the importance of the Venezuelan market for the sector. “The purchases performed by Venezuela have been growing in importance. Of all the countries in South America, Venezuela takes 18 percent of purchases,” he stated.
In the meantime,, in an attempt to increase the total exports of the Ecuadorian tuna industry, the sector claims that canned tuna should be included in the list of Ecuadorian products exported under the General System of Preferences (GSP), apart from the tuna in pouches..
There are 105 Ecuadorian tuna fishing vessels. 53 of them have currently stopped fishing while undergoing the Inter-American Tropical Tuna Commission (IATTC) tuna fishing ban, which will end on September 28th. The latest IATTC figures for tuna catches indicate that between 1 January and 29 July, 2012 a total of 339,856 tons were caught, representing 7.1 percent less than in the same period last year, when catches reached 365,581 tons.
Until 29 July, 2012, the Ecuadorian vessels captured 140,193 tons of tuna; the Mexican fleet caught 81,034 tons; the Venezuelan fleet fished 33,066 tons; and the fleet from Panama captured 32,172 tons, among others.
(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.
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