Indian seafood exporter says country's 2013 exports likely to decline as EU economy worsens

Other 15:15 14/10/2014 502
Seafood exports from the country during the current fiscal are likely to fall short of last year's performance due to worsening conditions in Europe and a bad vanammei crop.

Anwar Hashim, managing director of Abad Fisheries, and former president of the Seafood Exporters Association of India, told FE that revenues from exports are likely to be 10-15% lower than last year's $3.5 billion. Exports during 2011-12 were at 862,021 tonne, valued at R16,597.23 crore ($3,508.45 million). MPEDA had fixed an ambitious export target of $4.5 billion for the year 2012-13. India is the second largest fish producer in the world after China and accounts for nearly 6 % of global fish production.

"Demand from Europe is very poor and there is severe competition. Our costs have increased tremendously and we are not competitive in many products. The European market is under tremendous pressure and they are cutting down expenses," Hashim said. The US is the only market that is showing some signs of recovery, he added. In the last fiscal, exports to the European Union and the US jointly accounted for 41.13 % of the total seafood exports in dollar terms.

Demand from China and Japan is also on the wane for several reasons, Hashim said, and added that it was putting more pressure on India. "China used to buy large volumes of seafood from Pakistan and now they have cut down. Pakistan is, in turn, dumping these items in the Middle East market and hurting our prospects," he said. Prices of most of the export variety fish have declined by 25-30% in the last few months due to lower consumption by China, Iran and the European Union.

According to the data from MPEDA, exports from the country are lower by 6.9% in volume terms and 16.6% in dollar earnings during the first half of the financial year compared with the same period last fiscal.

TIN MỚI CẬP NHẬT

Vietnam’s Seafood Exports Face Significant Pressure from the U.S. Market in Q4

 |  08:49 20/09/2026

(vasep.com.vn) Vietnam’s seafood exports reached US$1.14 billion in August 2026, up 6.4% year on year, bringing the total for the first eight months to more than US$8.0 billion, an increase of 11.9%. Monthly export value remained above US$1 billion, but August growth was only around half the rate recorded cumulatively through the first eight months. This indicates that the eight-month result was supported significantly by stronger performance in earlier months, while market conditions are entering a less predictable period.

Kyokuyo Steps Up Pangasius Promotion, Creating New Opportunities for Vietnamese Seafood in Japan

 |  09:18 18/09/2026

(seafood.vasep.com.vn) Pangasius is attracting growing interest from Japanese seafood companies as prices of many traditional whitefish species remain high and supply becomes increasingly volatile. Notably, seafood group Kyokuyo has recently continued to feature pangasius among its priority products, highlighting its competitive pricing and stable supply.

Brackish-water tilapia: Vietnam’s emerging aquaculture frontier

 |  15:27 16/09/2026

(seafood.vasep.com.vn) As Vietnam’s tilapia industry searches for new growth opportunities, venturing into brackish-water aquaculture could unlock a formidable competitive moat. Bypassing the volume-and-price bloodbath against established global heavyweights, Vietnam could differentiate itself through high-quality tilapia products tailored to specific farming conditions and value-added market segments.

Vietnam’s pangasius exports to the U.S: tariffs, rotectionism and faltering demand choke 2026 exports

 |  15:26 15/09/2026

(seafood.vasep.com.vn) 2026 is rapidly shaping up to be a formidable stress test for Vietnamese pangasius exports to the United States. While exports to alternative markets maintain a resilient growth trajectory, the U.S market has declined significantly. In the first eight months of the year, pangasius exports to the U.S fell by nearly 14% year-on-year, with August alone recording a decline of more than 50%. The trend shows that difficulties in the U.S. market are not driven solely by weak consumer demand, but also by multiple layers of trade barriers that are intensifying simultaneously, particularly additional import tariffs, anti-dumping duties and growing protectionism for the domestic catfish industry.

Vietnam pangasius expands opportunities in Japan: Growth accompanied by the need for consistent quality

 |  08:45 11/09/2026

(vasep.com.vn) Vietnam’s pangasius exports to Japan are showing positive signals in 2026, indicating that the market is opening up greater opportunities for pangasius products, particularly processed and value-added products. In the first seven months of 2026, Vietnam’s pangasius exports to Japan reached US$31 million, up 20% year-on-year. In July alone, export value reached approximately US$5 million, up 30%.

Decree No. 292/2026/ND-CP: Elaborating certain articles and providing measures for the organization and guidance of implementation of the law on foreign trade management

 |  17:01 07/09/2026

On July 22, 2026, the Government issued Decree No. 292/2026/ND-CP detailing certain articles and providing measures for the organization and implementation of the Law on Foreign Trade Management. The Decree takes effect on September 5, 2026, replacing Decree No. 69/2018/ND-CP.

Vinh Hoan’s Cured Panga Croquette Wins Top Prize at Seafood Excellence Asia 2026

 |  16:11 04/09/2026

(vasep.com.vn) Vietnamese pangasius producer Vinh Hoan has won the top prize at the 2026 Seafood Excellence Asia Awards for its Cured Panga Croquette, highlighting the growing potential of value-added pangasius products in international markets.

Global Shrimp Forum 2026: bringing the global shrimp value chain together to find new paths for growth

 |  13:22 02/09/2026

(vasep.com.vn) The Global Shrimp Forum (GSF) 2026 is taking place from September 1–3 in Utrecht, the Netherlands, bringing together around 585 delegates from 40 countries, representing approximately 300 companies and organizations across the shrimp supply chain. Representatives from VASEP are attending the event as part of the Vietnamese delegation, strengthening connections with partners across the global shrimp industry.

Vietnam’s shrimp industry: changing to maintain its competitive edge

 |  07:59 01/09/2026

(vasep.com.vn) At the international B2B seminar (Hosted Buyer Program) held as part of Vietfish 2026, Mr. Nguyen Hoang Pham, Sales Director of Tai Kim Anh Seafood Processing Joint Stock Company, delivered a presentation entitled “Vietnam’s Shrimp Industry: Changing for Sustainability.” From the perspective of a seafood processor, the presentation highlighted that Vietnam’s shrimp industry continues to play a leading role in seafood exports, but is entering a new phase of competition in which change is no longer an option, but a prerequisite for growth.

What Did the World Say About VIETFISH 2026?

 |  11:19 27/08/2026

(seafood.vasep.com.vn) VIETFISH 2026 may have concluded after three dynamic days in Ho Chi Minh City, but conversations around the exhibition continue to resonate across international trade media, industry organizations, and the social media channels of participating companies.

VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM

Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội

Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO

Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu

Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông

Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn

Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh

Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn

VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội

Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC