Catch volume is low while the domestic market continues to show increasing demand for fishery products. Besides, higher fish quotas would place fishery resources at risk while not enhancing significantly seafood supply security for Australians.
Australia has to import a very large volume of seafood from different supplying sources in the world to meet the consumption. Imported seafood products make up 70 percent of national consumption. The seafood imports into the country have remained growth since 2011 and just saw a drop of 10 percent in 2008.
In 2012, Australia spent US$824.5 million to import seafood products (HS code 03), increasing 10.9 percent against the previous year. Vietnam ranked third among Australia’s suppliers with total value of US$121.7 million, after New Zealand (US$172.04 million) and China (US$160.9 million). Vietnamese exports of frozen fish fillets (HS code 0304) to this market valued at US$65.2 million.
Frozen hake fillets were 5,729 MT, representing the largest part in Australia’s total imports of frozen fish fillets in 2012.Frozen pangasius and catfish fillets from Vietnam, China, Singapore, Thailand and Myanmar ranked the second with 5,560 MT.
In the first half of 2013, Australia sourced 3,191 MT of frozen hake fillets from 8 countries, up 26.8 percent from the same period of 2012. It also consumed 2,549 MT of frozen pangasius from Vietnam up 47.8 percent. Vietnamese pangasius products are accepted to appear in Australian fish outlets thank to high quality, food safety and goof flavour.
Australian economy has got the lowest growth over the recent two years, leading to cutting expenses for consumption. However, the country has stayed out of economic downturn over consecutive 22 years. With a population of 23 million of people and an average income of US$60,000 per person per year, Australia will still be a potential market for international seafood exporters in the coming time.
|
Australian imports of frozen pangasius and catfish fillets, kg, |
||||||
|
Origin |
Q.I/2012 |
Q.II/2012 |
Q.III/2012 |
Q.IV/2012 |
Q.I/2013 |
Q.II/2013 |
|
Vietnam |
728,143 |
1,022,756 |
1,313,328 |
1,809,715 |
1,026,972 |
1,522,070 |
|
Thailand |
0 |
0 |
0 |
9,700 |
10,400 |
20,120 |
|
Myanmar |
0 |
0 |
8,974 |
0 |
0 |
0 |
|
China |
0 |
0 |
17,000 |
0 |
0 |
0 |
|
Singapore |
0 |
0 |
15,266 |
0 |
0 |
0 |
|
Source: ITC |
||||||
(seafood.vasep.com.vn) Vietnam’s shrimp industry is entering a period of strong transformation with the emergence of various high-tech farming models, helping improve productivity and competitiveness. Over the past 5–10 years, farming practices have shifted from traditional methods to intensive and super-intensive systems, featuring lined ponds, environmental sensors, automated feeding, and data management.
(seafood.vasep.com.vn) With a focus on sustainable development, high-tech application, and climate change adaptation, An Giang Province aims to maintain its brackish water shrimp production in 2026 at a level equivalent to the previous year. Specifically, output is projected to reach over 155,510 tons, serving both domestic consumption and export processing, thereby sustaining the fisheries sector’s key role in the local economic structure.
(seafood.vasep.com.vn) In the Mekong Delta, key pangasius farming provinces such as An Giang, Dong Thap, and Can Tho are accelerating the transition toward a circular economy model, contributing to higher product value and reduced environmental impact. Instead of focusing solely on farming and processing, the pangasius value chain is increasingly utilizing by-products and waste streams to generate added value.
(vasep.com.vn) Vietnam’s scallop exports are entering a phase of impressive growth, as the global market undergoes significant restructuring. In 2025, scallop export value reached nearly USD 66 million, up 49% from USD 44 million in 2024. This upward momentum has continued and accelerated into early 2026, with exports totaling USD 18.1 million in the first two months alone—an increase of 166% year-on-year. This represents an exceptionally high growth rate, reflecting the rapid expansion of a relatively new product segment within Vietnam’s mollusk export portfolio.
(seafood.vasep.com.vn) – On March 19, at the Government Headquarters, Prime Minister Pham Minh Chinh held a meeting with the European Commission (EC) inspection delegation on combating illegal, unreported and unregulated (IUU) fishing, led by Mr. Fernando Andresen Guimaraes, Head of Unit at the Directorate-General for Maritime Affairs and Fisheries (DG MARE).
(vasep.com.vn) Australia is emerging as one of the most stable and promising growth markets for Vietnamese shrimp. Amid global trade disruptions driven by geopolitical tensions—particularly conflicts in the Middle East—strengthening and expanding into stable markets like Australia has become increasingly important for Vietnam’s shrimp industry.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s squid and octopus exports reached over USD 111 million, up 23% compared to the same period in 2025. This result indicates a positive start for the sector, reflecting early signs of demand recovery in multiple markets from the beginning of the year.
(seafood.vasep.com.vn) In the first two months of 2026, Vietnam’s fisheries sector maintained positive growth momentum, with shrimp output exceeding 132 thousand tons. This result contributed to a strong increase in seafood export turnover, despite ongoing volatility in the global economy.
(seafood.vasep.com.vn) Vietnam’s tilapia exports maintained strong growth momentum in February 2026, with many markets recording sharp increases compared to the same period last year. In February alone, export value reached USD 8.4 million, up 148% year-on-year. Cumulatively, in the first two months of 2026, total tilapia export turnover hit USD 23 million, soaring 242% compared to the same period in 2025.
(seafood.vasep.com.vn) In global seafood trade, sensory evaluation is increasingly becoming one of the key “technical barriers” in many importing markets-especially the United States. Issues such as filth, and signs of decomposition/spoilage are often detected through sensory evaluation methods and remain common reasons for seafood import alerts, detentions, or shipment rejections.
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