The volume of exports experienced an increase of 17 per cent, from 746,915 tonnes in 2011 to 874,080 tonnes this year, the Undersecretariat of Fisheries and Aquaculture (Subpesca) reported.
The sales of frozen products were the most voluminous ones, representing 49.1 per cent of the total, according to the latest Subpesca Fisheries and Aquaculture Sector Report. They were followed by fishmeal, chilled fresh products and dried algae.
According Subpesca statistics, the main export was Atlantic salmon, which accounted for 30.1 per cent of total sales abroad. Rainbow trout, Pacific salmon, the group of pelagic fish and horse mackerel were the next exported products.
Chilean products were destined for 106 countries, of which the nine major ones accounted for 80.6 per cent of the total export value. Among them
With respect to the catching sector, the accumulated value of fish exports (440,000 tonnes) between January and August 2012 reached USD 884.1 million, a figure that is slightly lower than that reported in the same period last year.
In the first eight months 218,446 tonnes of fishmeal were sold abroad for USD 289.3 million while a year earlier 201,010 tonnes worth USD 311.3 million had been exported. The most important destinations of fishmeal were
The sales of frozen seafood products abroad totalled USD 395.6 million, which represented an increase of 5 per cent over the same period of 2011.
These products were shipped mainly to
As for canned products, sales in the first eight months of 2012 totalled USD 53.9 million, representing 14.7 per cent less than a year earlier. The main markets were
Aquaculture sector exports accounted for 72.1 per cent of the total sales abroad and 49.7 per cent of total exports between January and August this year, with USD 2,282 million and about 434,000 tonnes.
(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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