Last year, Khanh Hoa reported an ever better export result compared to the previous years. Seafood exports increased in both volume and value. Whiteleg shrimp and tuna were two key export items. Local companies also imported fish and cephalopod to process and re-export, contributing to the provincial high export value.
Exports of whiteleg shrimp products increased in volume, as there were stronger demands from consumer markets. In 2013, Khanh Hoa exported 29,000 MT of shrimp products, accounting for 50 percent of the locality's total seafood sales abroad.
The U.S., Japan and the EU remained the important markets for Khanh Hoa's seafood, representing nearly 60 percent of annual seafood exports. The U.S. ranked first with 24.1 percent of proportion, followed by the EU with 19.2 percent and Japan with 14.4 percent.
In 2013, Khanh Hoa seafood exports reached US$325 million, up 0.9 percent against those of 2012 and up 0.5 percent compared to the yearly plan. This rise is driven by the improved quality of exported products, which help exporters raise their competitiveness in the global market. Better legal framework and good management of local regulatory agency also facilitated seafood export activities.
Khanh Hoa-based seafood companies are focusing on new and modern technologies to improve the product quality. The province aims to create favourable conditions to help processors purchase enough raw material for processing. In 2014, seafood exports are expected to increase by 0.5 percent year on year. To reach the target, besides new technologies, seafood companies need to focus investments in fishery production projects in order to ensure raw material for processing to export and meet demands and strict requirements from foreign markets.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
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