Vietnam Pangasius has begun to be noticed by Japanese customers so far. Consumers in this country also know more about pangasius products of Vietnam. In 2019, for the first time, Japan entered the top 10 largest pangasius importers of Vietnamese enterprises. In the first quarter of 2019, pangasius export value to this market grew very positively from 31.6 to 98.5% over the same period in 2018. However, in the second quarter, the export value decreased in several months, resulting in declining in the general growth. By the end of September 2019, export growth increased by only 2.6% and it was not as expected. But up to this point, it can be said that Japan is a new and potential market for Vietnamese pangasius.
In the first 9 months of 2019, pangasius enterprises in Dong Thap, Tien Giang, Can Tho and Ben Tre focused on exports this product to Japan. In addition to the traditional frozen pangasius fillet products, businesses also diversified a wide range of items such as frozen pangasius fillet slices, frozen pangasius fillet kirimi, frozen pangasius slice. ... Some frozen pangasius products (under HS 1604) such as pangasius breaded, breaded pangasius slice…
According to the latest statistics of ITC, in the first 8 months of 2019, Japan continued to increase imports of white fish, of which Alaska pollock product (HS code 030475 - 94) accounted for a large proportion, from 60 - 92% of total imports, followed by frozen pangasius fillet products (HS code 030462). In particular, Vietnam was the third largest supplier of white fish products for Japan (after the US and Russia). Japan also imported many Alaska pollock and cod products from the US and Russia.
Japanese importers are still continuing the exploration of Vietnam's pangasius market to supplant some traditional but high-price seafood products (such as eels) in this country. Vietnamese pangasius enterprises are also in the period of "exploring" this market, so they are gradually grasping the tastes of consumers and importers. In the time to come, Japan will be a potential market for export expansion. However, due to the continuous decrease in export value in the second and third quarters, it is forecasted that in 2019, the total export value of pangasius to Japan shall increase by only 5-7% compared to the same period in 2018.
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.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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