pangasius-vietnam.com - In the
There were 10 Vietnamese companies exported to Japan with volume of 141 MT, worth US$666.8 thousands, up 1.2 percent in volume and 35.2 percent in value compared with the same period. In first 3 months of 2011, value added pangasius product export volume reached 47 MT, valued US$347 thousands, higher than 11 MT and US$86 thousands last year.
After radiation leak from the quake-hit nuclear plant in Japan, food supply from Japan – especially seafood – were under strict inspection and scrutiny due to radiation concerns. Many countries such as the U.S. and China banned import of some agricultural products and seafood from areas around the plant Fukushima Daiichi. India suspended seafood import from Japan within three months or more, until the radiation surely came down to an acceptable level. Russia banned imports of seafood products from 242 Japanese processing companies while the others such as the U.K., Singapore, China and Hong Kong announced their bans on some Japanese foods. n the coming time, the EU members were voting for stricter regulations on acceptable radiation levels in Japanese seafood. Many Japanese restaurants in Asia – where served Japanese seafood – said their sales dropped by 80 percent due to radiation concerns. In this context, the world seafood industry will face lack of a great supply from Japan. However, it is really an opportunity for other countries, including Vietnam, to focus their seafood exports to Japan. Moreover, Japanese people love marine fish, but now they have to find alternative fish because of radiation risk.
Though Vietnam pangasius supply is still weak these days, it is necessary to promote Vietnam pangasius products to Japanese people in order to increase pangasius share in the market, currently accounting little proportion of Vietnam total export. Besides, Japan will be potential market with a high pangasius export price when Vietnam pangasius face fluctuation in the two largest import markets – the U.S. and EU, particularly the anti-dumping tax POR7 risks to be stricter than POR6.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
(seafood.vasep.com.vn) Khánh Hòa province is currently leading the way in implementing Electric Catch Documentation and Traceability System (eCDTs).
(seafood.vasep.com.vn) The European Union, with its stringent quality requirements, has become an attractive destination for the shrimp industry of many countries, including Vietnam. Vietnamese shrimp meeting EU export standards not only increases product value but also solidifies Vietnam's position in the global seafood market.
(seafood.vasep.com.vn) Vietnam's shrimp exports accounted for the highest export value among all seafood products in the first nine months of the year, reaching nearly $2.8 billion, a 10.5% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to the Ben Tre Statistics Department, the province’s aquaculture sector has been relatively stable and has experienced growth recently, particularly due to the high efficiency of intensive shrimp farming models.
(seafood.vasep.com.vn) In the third quarter, several Vietnamese seafood companies announced strong financial results, showcasing resilience and growth in a challenging market.
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
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