Accumulated in the first 10 months of 2023, Vietnam pangasius exports to the EU market reached nearly 144 million USD, down 17% compared to the same period last year. Notably, in September and October 2023, pangasius export turnover to the EU continuously grew by 10-11% over the same period in 2022. In particular, Germany has increased Vietnam’s pangasius imports by 2.5 times in both September and October 2023, reaching 5.5 million USD and 6.3 million USD, respectively. This is also the highest value of this country since the beginning of this year in terms of pangasius consumption. However, the average FOB price of pangasius exports in October 2023 has not shown signs of recovery when it is only at 2.41 USD/kg, the lowest price in the first 10 months of this year.
By the end of October 2023, Vietnam’s pangasius exports to the Netherlands reached 37 million USD, down 21% over the same period last year. Despite being the top 1 Vietnam’s pangasius import market in the EU, in October 2023, import into this country has fallen to the lowest level since the beginning of this year, down 27% and reaching just over 2 million USD.
As of November 15, 2023, the Netherlands temporarily leads the EU bloc in importing Vietnam‘s pangasius with over 39 million USD, down 21% over the same period last year. In the first half of November 2023 alone, the country has consumed nearly 2 million USD of Vietnamese pangasius products. Although the export value to the Netherlands in the first half of November decreased by 29% over the same period, the Netherlands still left other countries in the bloc behind in terms of consuming Vietnamese pangasius.
In the first half of November 2023, the export value of pangasius to Germany is only 600 thousand USD. Meanwhile, in October 2023 alone, the Europe's largest economy consumes more than 6 million USD of Vietnamese pangasius.
According to data of the International Trade Center (ITC) updated by September 2023, Germany bought nearly 8,000 tons of white fish (mainly pangasius) from Vietnam, worth more than 32 million USD. This number surpasses the volume that Germany imported from Vietnam in 2022. Vietnam is the world's 4th largest supplier of white fish to Germany, after China, the US and Norway.
Vietnam's pangasius exports is gradually recovering to the EU. Customers in this market bloc are becoming more and more carefull and selectivel in choosing food, especially German consumers. Exports to the EU market have prospered in the last months of 2023 while the average export price still witnessed a decline, showing that consumer demand has not decreased.
Thu Hang
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
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