By the end of February 2024, lobster exports had reached nearly 30 million USD, an increase of 1,746% compared to 1.6 million USD in the same period last year. Of which, scalloped spiny lobster (panulirus homarus) exports accounted for more than 90% with 27.6 million USD, an increase of 80 times, followed by ornate spiny lobster reaching 2.15 million USD, an increase of 45 times over the same period.
China is still the largest import market for Vietnamese lobster products, with a value of nearly 29 million USD, 27 times higher than the same period last year. Since October 2023, China stopped importing Vietnamese ornate spiny lobsters because of regulations related to the country's Wildlife Protection Law. To export ornate spiny lobsters to China, businesses must prove that the shrimp seeds are not caught directly from the sea, demonstrate a clear farming process, and not use breeds exploited from the wild, meaning they must be F2 generation; importers must have a license...
On January 20, 2024, Deputy Minister of Agriculture and Rural Development Tran Thanh Nam led the Ministry's delegation to work with the people's government of Guangdong Province (China) on trade and agricultural development cooperation. Karma. In related working contents, the two sides also agreed to coordinate to handle problems in the import and export of sturgeon and ornate spiny lobster under a special mechanism and include it in the Protocol between the two countries. While waiting for the signing of the Protocol, China will consider and create a special mechanism for establishments to register to export lobster to this country.
While waiting for this special mechanism, many ornate spiny lobster farmers have switched to raising scalloped spiny lobsters. Demand for scalloped spiny lobster from China is still quite high; farmers still export live scalloped spiny lobster to this market, while only a small portion of ornate spiny lobster is exported here as frozen products.
In addition to China, Vietnam also exports scalloped spiny lobster and ornate spiny lobster to Thailand, Malaysia, and Singapore, and crayfish to the US.
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
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