Vietnam, along with three other Southeast Asian countries, Thailand, Indonesia, and the Philippines, were the largest suppliers of canned tuna for the Japanese market in the first 5 months of this year. Compared to other countries in the region, Vietnam has the highest export growth rate of processed and canned tuna products in the first 5 months of 2020. However, Vietnam's market share in the Japanese market was modest compared to the other three countries.
Moreover, after growing well in the first 5 months of 2020, Vietnam's tuna exports to Japan tended to decrease. According to statistics of Vietnam Customs, the value of Vietnam's tuna exports to Japan in June diminished by 39.4%, reaching more than US$1.7 million.
In the first half of 2020, exports of other processed tuna from Vietnam to Japan tend to increase, while exports of fresh, live, frozen and canned tuna have decreased. This has led to an increase in the proportion of exports of processed and canned tuna products from 61% in the second quarter of 2019 to nearly 77% in the same period in 2020. Notably, the export of other processed tuna products, especially frozen steamed tuna loin products (HS16041490) continued to increase over the same period in 2019. Compared to the same period in 2019, the average export price of processed tuna to Japan fell, while the prices of frozen tuna meat/fillets products tend to go up.
Currently, the Covid-19 epidemic in Japan has not yet been controlled, which is expected to continue affecting Japan's imports of tuna. Japanese tuna imports are expected to continue to decline in the coming months.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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