Vietnam's marine product exports include the following product groups: other fish (except tuna), accounting for 46.2% of Vietnam's total marine product export value); tuna (accounting for 28.4%); cephalopod (16.4%); crabs and other crustaceans (5.3%); mollusk shells (3.6%) and other mollusks.
In the first 4 months of 2022, the export value of marine product products increased except for other mollusk exports. Tuna exports recorded the strongest growth rate of 63%, reaching nearly USD 368 million.
Exports of crabs, other crustaceans and cephalopod increased by 59% and 30% respectively. Exports of mollusk shells increased by 28%, and exports of other marine fish (except tuna) increased slightly by 7%. Only other mollusk exports decreased by 49% but this product only accounted for a very small proportion.
Processing and exporting marine product is concentrated in provinces such as Ho Chi Minh City, Khanh Hoa, Ba Ria - Vung Tau…
Vietnam's marine product exports in the second quarter of this year are expected to maintain positive growth, but the growth rate will slow down due to a shortage of raw materials, the impact of the Covid-19 epidemic, IUU yellow card, price transportation costs, gasoline prices, production input costs increase... The marine product export turnover this year is forecast to reach about USD 3.2-3.3 billion.
Compiled by Minh Trang
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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