The total value of Vietnamese surimi exports last year reached nearly US$ 324 million, an increase of 26.5% compared to 2017. Only in 3/2018, exports of this product decreased compared to the same period last year, In the remaining months of 2018, the value of exported surimi were positive. The last quarter of 2018, Vietnam exports of surimi reached the highest value and the fastest growth rate. Export value of this item in the fourth quarter of 2018 reached US$ 102.4 million, an increase of 36% over the same period in 2017.
In 2018, Vietnamese surimi exports to main markets in general increased compared to 2017. Korea, ASEAN, Japan, China, Russia, Taiwan, EU and the US continued to be Vietnam's largest surimi importing markets. In the eight major import markets, Vietnam's surimi exports to China and EU decreased by 8% and 25.5% respectively. Exports to other markets all grew at double digits.
South Korea
In 2018, Vietnam surimi exports to South Korea grew continuously. Surimi export value to this market increased 32.2%, reaching US$ 108.6 million. With a good growth rate, Korea has risen to become the largest surimi import market of Vietnam, accounting for 33.5% of Vietnam's total export value of surimi to markets.
Vietnam is still leading in exporting surimi for South Korea. In general, Vietnam’s surimi products are still competitive.
ASEAN
In 2018, surimi exports from Vietnam to ASEAN countries continued to grow. Vietnam's exports value of surimi to ASEAN in 2018 reached US$103.9 million, an increase of 36% compared to 2017. Vietnam remained to be a main supplier of sumiri for this market.
Japan
In 2018, surimi exports to Japan continued to increase by 41.2%, reaching US$38.8 million. Vietnam continues to be the fifth largest source of surimi for the Japan, behind Thailand, Norway, India and China. Currently, Vietnam still has only a small market share in the market.
EU
Surimi exports to EU market is expected to continue to be unfavorable due to the impact of the IUU yellow card by the EU. However, export to other markets will still be positive. It is forecasted that surimi export of Vietnam in 2019 will continue to maintain stable growth.
(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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