The General Administration of Quality Supervision, Inspection and Quarantine (AQSIQ) of China has now formally approved India’s request for an inspection and quarantine certification, such that seafood exports to China may soon resume, according to the Indian embassy in Beijing. The Marine Products Export Development Authority (MPEDA) and Export Inspection Council of India (EIC) had approached the Chinese authorities through the Indian embassy in May.
EIC will be issuing the required certificates.
Indian exporters last week stopped shipping their consignments to China from April, as it takes three to four weeks for the products to reach Chinese ports, Business Standard reports.
This pause in exports has had a dismal effect on the seafood sector of Gujarat, as the state is responsible for 70 per cent of the exports to China. The average annual export to China is 90,000 tonnes, or 11 per cent of total exports, valued at INR 11.51 billion (USD 203.2 million), which mainly includes low-value fish items.
India originally was not included in the list of countries that had conformed with AQSIQ for the export of aquatic products to China as a result of negligence from India’s government. China made their sellers aware of the new requirement a full year ago, Business Standard reports.
Chinese officials published the list of approved countries in October 2011, but India did not respond at that time. AQSIQ had approved 27 countries, of which seven are from Asia and include Vietnam, Thailand, Pakistan, Japan, Philippines, Myanmar and South Korea.
Ten nations are from Europe and seven countries from the Americas, Australia and New Zealand are also included.
India exported a total of 845,000 tonnes of seafood items valued at INR 16.824 billion (USD 2.97 billion) in 2011-12.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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