Some markets recorded strong growth such as China’s Hong Kong (45 percent), the United States (22.7 percent), and ASEAN with 56.5 percent.
By the end of March, the export value of pangasius to China’s Hong Kong hit 101.1 million USD, accounting for 23 percent of the first-quarter figure, up 45 percent over the same period of 2017. Hong Kong is also the largest export market of Vietnam.
Exports of pangasius to this market are forecasted to continue to grow due to its high demand.
Exports of pangasius to ASEAN market also increased strongly in the first quarter of the year, reaching 46.7 million USD, up 56.5 percent over the same period last year.
Vietnam’s three biggest pangasius importers in the bloc were Thailand, Singapore, and the Philippines, accounting for 97.9 percent, 26.8 percent and 32.7 percent, respectively. It is forecasted that in 2018, ASEAN will continue to be the third largest import market for Vietnamese pangasius (after China and the US).
By the end of March, pangasius export value to the US reached nearly 75 million USD, accounting for 17 percent, and up 22.7 percent year on year. Exports of the product to the EU continued to decline by 17.7 percent to 41 million USD.
In the coming time, exports of pangasius to the US would continue to face high anti-dumping tax rate, so ASEAN would be likely to overtake the US to become Vietnam’s second largest pangasius buyer.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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