Top 7 major importing markets, including the U.S., Japan, EU, China, ASEAN, Australia and Taiwan, accounted for 93% of Vietnam crab exports. As of Aug 2016, the exports to the U.S and ASEAN posted a decline, while those to the remaining 5 major markets showed a rise with the largest increase in China.
The U.S: Vietnam crab exports to the U.S. in Aug 2016 gained US$6.8 million, up 56% compared to the same period last year. However, the figure in the first 8 months of this year estimated at nearly US$30.2 million, down 12.5% year on year.
The U.S. remained as the largest buyer of Vietnam crabs in the first 8 months of this year, accounting for 39.8% of total export value.
Japan: Vietnam crab exports to Japan in Aug 2016 valued at US$4.6 million, a sharp rise of 253.8% compared to Jul 2016 and going up 134% from the same period last year. The total figure in the first 8 months of 2016 estimated at US$15.2 million, up 19.4% year on year.
Through Aug 2016, Japan ranked the 3rd in top 7 largest importing markets of Vietnam crab, with the share of 20%.
EU: In Aug 2016, Vietnam crab exports to the EU reached US$1.9 million, down over the same period last year. However, the figure in Jan-Aug 2016 was US$13.1 million, up 4.5% year on year. As of Aug 2016, the EU slipped to the 3rd rank in top 7 major importers of Vietnam crabs, taking up 17.3%.
France, the UK, the Netherlands and Belgium continued to be 4 main importing markets of Vietnam crabs in the EU bloc. In particular, France remained as the largest importer with the proportion of over 40.5%, followed by the UK with 28.2%, the Netherlands with 21.4%, and Belgium with 3.8%.
In particular, exports to France and Britain reported a climb, while those to the Netherlands and Belgium recorded the slump compared to the same period last year.
China: In Aug this year, Vietnam crab exports to the China continued to showed the good growth. This market was the 4th largest crab importer from Vietnam, with the proportion of 11.4%.
As of Aug 2016, Vietnam crab shipments to this market hit nearly US$8.7 million, up 132.3% from the same period last year.
By Dieu Thuy
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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