By the end of the first quarter, the US still accounted for the highest proportion in the total shrimp exports of Vietnam with over 20%, reaching 134.6 million USD, up 16.5% over the same period last year. Japan ranked second with 126 million USD, accounting for 19%, but compared to the same period in 2020, it decreased 4%, due to a sharp decline in the first 2 months of the year, although exports to this market in March were equivalent to the same period last year.
Shrimp exports to the EU increased by 8% to 95 million USD, accounting for 14.5% of which exports to the main markets of the Netherlands, Germany and Belgium all grew 2 digits (up 10%, 16% and 10% respectively). These markets also increased strongly Vietnam shrimp imports in March: up 15%, 33% and 38% respectively. These three markets account for over 70% of Vietnam's shrimp exports to the EU.
The two markets Australia and the UK are accounting for a remarkable proportion in the total shrimp exports of Vietnam in the first 3 months of this year with 6.2% and 6.1%, worth $40.9 million and $40.4 million, increase 46% and 11.5% respectively over the same period in 2020.
In addition to the UK, shrimp consumption in Russia also increased sharply, making shrimp imports from Vietnam up 102% in the first quarter, reaching $11.2 million.
In the first quarter of 2021, whiteleg shrimp is still the most popular in the markets. In the context of the Covid epidemic, the consumption trend focuses on retail channels and supermarkets, so small shrimp suitable for home processing has more demand than large, high priced shrimp. Vannamei exports in the first quarter reached $ 507 million, up 15% over the same period last year, accounting for nearly 77% of shrimp export turnover. In which, processed whiteleg shrimp (HS code 16) gained a higher proportion with 263 million USD, up 22%, while frozen shrimp (HS 03 code) reached 243 million USD, up by 8%.
Meanwhile, black tiger shrimp exports continued to decline by 26%, reaching nearly 92 million USD and only accounting for 14% of shrimp exports. Japan, China and the US - the three largest markets, all sharply reduced the import of black tiger shrimp from Vietnam, down 24%, 30% and 41% respectively over the same period last year.
Export of marine shrimp accounted for 9.5% of the total export of shrimp, reaching US$ 62.7 million, down 3% over the same period last year. In which, the export of processed shrimp and frozen shrimp decreased by 8.7% and 10%, respectively. Meanwhile, the export of dried shrimp increased sharply by double compared to the same period last year.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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