The volume of exports fell by 15.5 per cent, from 141,300 to 119,400 tonnes. This decrease was mainly due to lower sales of fishmeal.
According to the latest Statistical Bulletin issued by Produce, between January and September 2012 the sale abroad of 1,768,300 tonnes of fishery products generated USD 2,733 million, while in the same period last year 1,685,700 tonnes had been exported for USD 2,630.6 million.
Meanwhile, in September 2012 a total of 61,000 tonnes of fishmeal was exported, representing 36.5 per cent fewer than in the same month in 2011 (96,000 tonnes).
With regard to value, in the ninth month last year fishmeal was exported for USD 94.7 million, that is to say, 20.2 per cent less than in September 2011, when the figure totalled USD 118.6 million.
Between January and September 2011, 1,141,000 tonnes of fishmeal were exported, representing 2 per cent more than in the same period in 2011 (1,119,000 tonnes).
September exports increased the sales of fishmeal abroad in the first nine months up to USD 1,483.4 million, 4.2 per cent less than in the same period of 2011 (USD 1,547.9 million).
Meanwhile, crude oil exports totalled 19,700 tonnes last September for USD 38.7 million, that is to say, 360 per cent more than in the same month of 2011 (USD 8.4 million).
Considering the first nine months of 2012, a total of 253,600 tonnes of oil was sold abroad, 37.5 per cent more than in the same period last year (184,500 tonnes).
These sales generated USD 395.3 million, an amount that represents an increase of 66.3 per cent over the same period in 2011 (USD 237.7 million).
In addition, in September 2012 about 30,400 tonnes of frozen products were exported, which is a volume that accounts for a decrease of 6.2 per cent year on year. In terms of value, these sales generated USD 56.2 million, compared to USD 75.9 million in the same month of 2011.
In the first nine months of last year 286,300 tonnes of frozen products were sold abroad, 9.6 per cent less than during the same period in 2011 (316,900 tonnes).
(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's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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