The core products still maintained their place in traditional markets with a slight shift from Asian markets to European countries.
Typically, processed seafood exports increased by 71.11% in value and 13.07% in output; rice increased 49.96% in value and 48.05% in volume; garment products increased by 72.57% and shrimp crackers and cereal products increased by 14.2% in value.
Prominently, the pangasius industry makes a great contribution to export processing. In the first 6 months of 2022, the output of pangasius in Dong Thap province reached more than 240,000 tons, contributing to this industry more than VND 3,423 billion, up 10.45% over the same period in 2021.
In order to facilitate the export of pangasius and contribute to export turnover, the Department of Agriculture and Rural Development of Dong Thap province coordinated with the Ministry of Industry and Trade to increase information about markets where Vietnam has signed FTAs, orienting producers and businesses to boost exports.
The province is looking for new consumption market that brings practical benefits to businesses; at the same time, closely monitoring the export situation to make timely recommendations to the ministries and branches, creating all favorable conditions for pangasius farmers and enterprises to stabilize production and export operation.
Compiled by My Hanh
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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