As of the end of June, 2019, the total value of tuna exports to Italy reached US$13.3 million, up 60% compared to the same period in 2018. In particular, Khanh Hoa's tuna enterprises focused on exports two main tuna products to Italy, which were yellowfin tuna (code HS 0303 code) and processed yellowfin tuna (code HS 1604).
According to the updated statistics of ITC, in the first 5 months of 2019, the EU continued to prioritize imports products of frozen fillets tuna (HS 030487) and frozen yellowfin tuna (HS 030342). Similar to the general import trend of the region, in the first half of this year, yellowfin tuna products (HS 030342) accounted for the largest proportion of Italy's imports, from 24-43% of the total import value of this market.
In 2018, in addition to prioritizing intra-regional imports from the big supplier was Spain, Italy expanded and increased the import of frozen yellowfin tuna products (HS 030342) from a wide range of large suppliers in Asia such as Korea, Philippines and Thailand. Meanwhile, in the first half of 2019, the proportion of frozen yellowfin tuna of Vietnam increased sharply in Italian market. Currently, Vietnam is the 2nd largest supplier of frozen yellowfin tuna (after Spain) in Italy. This market movement is a good sign for Vietnamese tuna enterprises to continue boosting exports to Italy.
Italy accustomed to import frozen tuna to produce canned tuna. In addition, the country also imported raw materials for processing loins or steaks. Most of the tuna imported into the EU was processed from Southern European countries, of which Spain and Italy were the two countries with the most tuna processing plants in the region.
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.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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