According to Eurostat's statistics, the total volume of German tuna imports in the first half of 2020 reached more than 58 thousand MT, up 47% over the same period in 2019, equivalent to more than 18.5 thousand MT. German tuna imports are still mainly canned tuna, accounting for nearly 98% of the total import volume. Compared to the same period in 2019, German tuna imports went up. Specifically, in the first half of 2020, German canned tuna imports elevated by 48%, while imports of live, fresh, and frozen tuna rose by 19%.
The Philippines, with the advantage of enjoying preferential tariffs from the GSP, is leading the supply of tuna outside the EU for the German market, especially in the canned tuna segment. This country currently supplies 24% of the total volume of tuna imported to Germany.
Ecuadorian processors are also trying to increase exports to this market by 12% compared to the same period in 2019. However, due to the impact of the pandemic, their sales are still lower than last year.
Notably, exports of Papua New Guinea and Vietnam are recovering in the German market after the decline in 2019. Papua New Guinea's tuna processors are very successful in the German market in 2020 with an 84% growth over the same period in 2019.
Meanwhile, Vietnam's tuna processors achieved a growth rate of 12% over the same period in 2019. Vietnam's exporters are offering very competitive prices. However, due to the impact of the yellow card and unfavorable tariffs, Vietnam's market share in Germany has not been much improved during this period.
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.
(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.
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