Pangasius exports to the US may rise in the coming time

News 21:01 31/03/2020
(seafood.vasep.com.vn) In January 2020, pangasius exports to most markets decreased sharply year on year. In particular, pangasius export to the US market this month has surpassed China - Hong Kong to become the largest importer of Vietnam with an export value of US$ 18.1 million, accounting for 17.8% of the total export value of pangasius.

In 2019, the US-China trade war did not bring benefits for Vietnamese enterprises at US market as forecasted. The US continued to impose high antidumping duties. Futhermore, inspection catfish program that list Vietnam as a country eligible to export Siluriformes fish and fish products to the US was released later than the US statement.

Although tilapia imports into the US from China decreased significantly due to high import tax, this did not affect the proportion of pangasius in the country's seafood import structure.

In 2019, the value of pangasius exports to the US decreased in 11 consecutive months compared to the same period in 2018. Many businesses withdrew from this market due to difficulty in exports.

Catfish importers of the US, Jan-Nov/2019

Importers

 

Kg

USD

China

Frozen catfish (Ictalurus) fillets

3,582,707

18,022,730

Frozen catfish (Ictalurus)

21,956

58,080

Frozen pangasius fillets

618,588

3,002,468

Frozen other catifish (Siluriformes) fillets

19,731

92,793

Chilled catfish (Silurus, Clarias) fillets

19,731

116,580

Total

4.262.713

21,292,651

Taiwan

Chilled catfish (Silurus, Clarias) fillets

33,256

174,343

Total

33,256

174,343

Thailand

Frozen NSPF catfish fillets

7,140

14,832

Frozen NSPF catfish

4,182

18,947

Total

11.322

33,779

Vietnam

Frozen pangasius fillets

48,397,504

193,142,334

Frozen pangasius

561,448

1,596,839

Frozen other catifish (Siluriformes) fillets

27,104,995

106,287,417

Frozen NSPF catfish fillets

23,950

106,128

Frozen NSPF catfish

22,970

64,484

Total

76,110,867

301,197,202

Total (Acummulated in the first 11 months of 2019)

80,418,158

322,697,975

Imports total in 2018

121,086,824

546,550,622

Source: US Department of Commerce

Due to the impact of reduced import demand and domestic raw material prices, so the average export price of pangasius to the US market in 2019 also decreased, from US$ 4.73/kg at the beginning of the year to about US $2.85/kg.

About 30 enterprises exported pangasius to the US market in 2019, of which, the three largest enterprises were: VINH HOAN CORP, BIEN DONG SEAFOOD and VD FOOD LTD. At the end of 2019, the US's USDA officially announced the recognition of pangasius management and supervision system of Vietnam equivalent to that of the US, creating better conditions for exporters exports pangasius to the US.

According to the plan of the Food Safety and Inspection Department (FSIS) of the United States Department of Agriculture, in March 2020 (from 2nd -13th), FSIS's Food Safety Inspection Team will conduct the inspection, assessing the food safety and hygiene control system of pangasius farms,  processing plants, food safety management agencies in the Mekong Delta. However, due to the complicated spread of the Covid-19 epidemic, the plan was postponed.

Due to the disruption of pangasius exports to Chinese market in the first months of 2020, Vietnam enterprises are working hard to seek and promote exports to new markets. The disease situation is affecting the trade of seafood, but it is also a good opportunity for businesses to enhance exports amid seafood consumption (including pangasius) is increasing sharply in the US as consumers are storing more food to cope with the disease situation.

Bạn đang đọc bài viết Pangasius exports to the US may rise in the coming time tại chuyên mục News của Hiệp hội VASEP

TIN MỚI CẬP NHẬT

Vietnam seafood exports in the first 2 months of 2025 and market fluctuations

 |  09:21 12/03/2025

(seafood.vasep.com.vn) The first two months of 2025 recorded positive signals in Vietnam's seafood export activities, with total revenue reaching USD 1.423 billion, growing 18.2% compared to the same period in 2024. In February 2025, the export value hit USD 655.197 million, showing an impressive growth of 42.6%.

Kiên Giang Enhances Efforts to Combat Illegal Fishing Activities

 |  09:14 11/03/2025

(seafood.vasep.com.vn) Kiên Giang Province, home to over 13,000 fishing vessels, is intensifying efforts to combat illegal, unreported, and unregulated (IUU) fishing. Faced with challenges from offshore fishing, many vessels have shifted to near-shore fishing using destructive methods, severely damaging marine ecosystems.

Vinh Hoan Corporation (VHC): Maintaining Leadership in the Pangasius Export Industry and Growth Prospects for 2025

 |  09:07 07/03/2025

(seafood.vasep.com.vn) Vinh Hoan Corporation (HOSE: VHC) continues to solidify its position as the leader in Vietnam's pangasius export industry with impressive business results in 2024 and positive prospects for 2025. Factors supporting growth, such as recovering demand, improved selling prices, and favorable international trade policies, make Vinh Hoan one of the top stocks to watch in investment portfolios for 2025.

Việt Nam adapts agricultural exports to market fluctuations

 |  09:08 05/03/2025

Amid global trade uncertainties, Việt Nam is prioritising compliance with international market requirements to maintain and expand its agricultural exports.

VinFast and VASEP sign MoU to promote green transformation

 |  09:22 04/03/2025

On February 26, 2025, VinFast and the Vietnam Association of Seafood Exporters and Producers (VASEP) signed a comprehensive cooperation agreement to strongly promote green transformation goals. The collaboration between the two parties will contribute to the realization of the country’s sustainable development goals and help elevate the Vietnamese brand on the international market.

Ca Mau implements multifaceted solutions for shrimp farming development

 |  09:07 28/02/2025

(seafood.vasep.com.vn) In 2024, the total brackish water shrimp farming area in Ca Mau reached 278,600 hectares, with a shrimp output of 242,000 tons. This output achieved 99.59% of the set target and marked a 4.57% increase compared to the same period last year. The average shrimp yield attained 869 kilograms per hectare per year, representing a 38 kilograms per hectare per year increase compared to 2023. Shrimp export turnover reached USD 1.12 billion, positioning Ca Mau amongst the nation's leading localities in this sector.

Ben Tre Province poised to achieve 4,000-hectare target for high-tech shrimp farming development

 |  09:55 26/02/2025

(seafood.vasep.com.vn) In 2024, Ben Tre province expanded its high-technology application in aquaculture by an additional 523 hectares, surpassing the planned target of 500 hectares and achieving a fulfillment rate of 104.6%. To date, the province has converted 3,633 hectares to high-tech aquaculture out of the 4,000-hectare goal, representing 90.82% progress towards the 2021-2025 phase plan. This sector yields an average productivity of 60-70 tons per hectare, with a total output reaching 221,282 tons. The average profit margin ranges from VND 700 to 800 million per farming season, delivering substantial economic benefits to the local populace.

Sustainable development plan for Vietnam’s brackish water shrimp industry in 2025

 |  09:19 24/02/2025

(seafood.vasep.com.vn) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.

Early 2025 seafood output shows slight increase

 |  09:13 20/02/2025

(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.

Vinh Long Province: Industrial pangasius production in 2024 decreases by 4%

 |  08:56 18/02/2025

(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.

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

© Copyright 2020 - Mọi hình thức sao chép phải được sự chấp thuận bằng văn bản của VASEP

DANH MỤC