According to data from the International Trade Center ITC, in the first 7 months of 2024, whitefish imports into China reached more than 1 billion USD, down 14% compared to more than 1.2 billion USD in the same period in 2023; The US reached more than 863 million USD, down 21% compared to more than 1 billion USD in the same period in 2022. Previously, in 2023, whitefish imports into China reached nearly 1.78 billion USD, down 27% compared to more than 2.4 billion USD in 2022; the US was 1.75 billion USD, down 31% compared to nearly 2.6 billion USD in 2022.
For the US market, in the first half of 2024, more than 184 million USD of Vietnamese whitefish was imported into the US, up 10% over the same period in 2023; more than 357 million USD of Chinese whitefish was imported into the US, down 17% over the same period. In 2023, China was the largest supplier of whitefish to the US, with a total import value of 775 million USD, accounting for 44% of the total whitefish imported from the world by the US. After China, Vietnam was the source of whitefish (mainly pangasius) to the US in 2023, with nearly 330 million USD, accounting for 19% of the total whitefish imported into the US market.
For the Chinese market, by the end of July 2024, Russia was the largest supplier of whitefish to China, with nearly 625 million USD, down 21% over the same period last year. After Russia, Vietnam is the second largest supplier of whitefish to this country, with a value of 162 million USD in the first 7 months of the year, down 22% compared to the same period in 2023. Previously, 2023 also recorded Russia as the country supplying the most whitefish to this market, with a value of more than 1.1 billion USD in 2023, accounting for 62% of the total whitefish China purchased from the world. After Russia, Vietnam is the second largest supplier of whitefish (mainly pangasius) to this market, with 339 million USD, accounting for 19% of the total whitefish China imported from the world.
China and the US are the two leading important markets for the Vietnamese pangasius export industry. With signs of recovery and growth in the first months of this year, along with favorable objective conditions, Vietnamese pangasius exports to these two markets have the basis to grow in the last months of this year.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
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
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn