Let's take a look back on 15- year development of Vietnamese pangasius. In 2000, the number of importing markets was limited at 8. The US and Japan were the destination for 83% of all exported pangasius. Export volume of the fish was 689 MT and the value was US$ 2.59 million. At that time, 100% of exported pangasius was frozen.
10 years after the incredible paced development, pangasius was imported into more than 140 markets, including the 5 biggest markets, namely EU, USA, Mexico, ASEAN and Russia. Pangasius exported to these markets accounted for 59% of total volume and 63.3% of total value of Vietnam’s pangasius exports. During this period, the volume of pangasius exported increased 970 times to over 660 thousand MT and export value increased 570 fold to US$ 1.42 billion.
In terms of products, pangasius exported in 2010 diverse into 30 kinds, ranging from whole, cut, fillets to breaded, potato wrapped potatoes , skewered and so on. The development continued with combination with vegetables and other ingredients to better serve each market. In 2010, processed products (under the code HS16) accounted for 0.75% of total pangasius export value. The Netherlands, Switzerland and Germany are where 70% of pangasius added value products exported to. Australia, Singapore, the Philippines, Pakistan are also markets for this type of product.
As of August, Vietnamese earned US$ 1.02 billion so far in 2015. There have been than 35 kinds of products. The proportion of frozen pangasius (HS 03) in total exports remained high at 98.89%, the other was processed. It is noted that 65% of processed pangasius has been headed for the EU market.
Promotions, branding and the launch of new products are the keys to the next development of the industry.
|
Pangasius exported from Vietnam Jan-Aug 2015 |
|||||||
|
Pangasius live/fresh/frozen/dried (coded HS03) |
Processed pangasius (coded HS 1604) |
||||||
|
No |
Markets |
Value (US$ mil ) |
Proportion (%) |
No |
Markets |
Value (US$ mil ) |
Proportion (%) |
|
1 |
US |
207.878 |
20.56 |
1 |
Netherlands |
3.941 |
34.87 |
|
2 |
China & Hong Kong |
99.641 |
9.85 |
2 |
UK |
2.350 |
20.79 |
|
3 |
Mexico |
54.066 |
5.35 |
3 |
Thailand |
1.049 |
9.28 |
|
4 |
Brazil |
46.504 |
4.60 |
4 |
UAE |
0.690 |
6.10 |
|
5 |
Saudi Arabia |
42.093 |
4.16 |
5 |
Singapore |
0.572 |
5.07 |
|
6 |
Colombia |
40.857 |
4.04 |
6 |
Germany |
0.514 |
4.55 |
|
7 |
Netherlands |
32.898 |
3.25 |
7 |
Saudi Arabia |
0.372 |
3.29 |
|
8 |
Spain |
30.952 |
3.06 |
8 |
China & Hong Kong |
0.301 |
2.67 |
|
9 |
Thailand |
30.702 |
3.04 |
9 |
Australia |
0.203 |
1.79 |
|
10 |
UK |
29.643 |
2.93 |
10 |
Israel |
0.200 |
1.77 |
|
Top 10 total |
615.233 |
60.84 |
Top 10 total |
10.192 |
90.19 |
||
|
Other markets |
396.003 |
39,16 |
Other markets |
1.109 |
9.81 |
||
|
Total |
1,011.236 |
100.00 |
Total |
11.301 |
100.00 |
||
(seafood.vasep.com.vn) On the afternoon of November 6th, Vietnam time, U.S. media announced the preliminary vote count showing that Donald Trump won the 2024 U.S. presidential election. His victory is expected to bring significant changes in taxes, trade, investment, and more. As a result, Vietnam's tuna exports will also be affected.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
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