The EU and the US, the 2 major markets, accounted for 39.3% of Vietnam’s pangasius exports, decreased their demand, compared to 45.1% of 2013. Import price of the EU dropped by 8.4% and it fell by 16.7% in the US. Vietnamese exporters tried to expand into emerging markets to offset the decline in these markets.
EU, accounted for 20.4% of total export turnover of Vietnam, was still the largest pangasius import market for Vietnam. According to the Vietnam Customs, Vietnam’s pangasius exports to the EU in the first 9 months of 2014 were US$ 261.02 million, down 8.4% year on year. Spain continued to be the leading consumption market, followed by the Netherlands, Germany and the UK.
The US, made up 18.9% of total pangasius exports of Vietnam, was ranked the 2nd in importing pangasius from Vietnam. According to the Vietnam Customs, pangasius exports to the US in the first 9 months of 2014 reached US$ 240.81 million, down 16.7% year on year.
According to National Marine Fisheries Service (NMFS), the first 8 months of 2014, the US imported 63,276 MT of pangasius from Vietnam, down 14.71% year on year. Vietnam, accounted for 92.7% of the total volume of pangasius and catfish exports to the US, maintained its 1st rank at importing pangasius to the US market.
ASEAN, the 3rd biggest importer of Vietnam’s pangasius, has maintained its positive pangasius imports growth since the beginning of the year. According to the Vietnam Customs, pangasius exports to this market in the first 9 months of 2014 valued at US$ 102.68 million, up 12.4% year on year. In Q3/2014 only, Vietnam’s pangasius exports were worth US$ 30.48 million, up 1.7% year on year. Thailand was the biggest importer, followed by Singapore and the Philippines.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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