The exports of main products are achieving positive growths, in which shrimp exports reached $3.1 billion, pangasius US$1.7 billion. Tuna exports recovered with the highest rate of 12% to nearly US$510 million, cephalopod exports also rose slightly by 2.3% to reach US$439 million.
With proactive and flexible dealing with market barriers, anti-dumping tariff, adaptable with conditions of domestic and international supply - demand, companies on the one hand maintained traditional markets of the USA, EU, Japan, on the other hand they boosted exports of key products of shrimp, pangasius, tuna and cephalopods to the potential markets, especially Chinese market.
Except for Canada and Brazil, exports to other markets in the top 10 major markets, got positive growths, of which exports to Russia increased by strongest rate of 122%, exports to China also had positive growth of nearly 40%.
Exports to the US are expected to be affected by anti-dumping tariff on shrimp and pangasius, but thanks to increased average import price, exports to the US maintained growth of 10% in 2016. However, competitive pressure, anti-dumping tariff and technical barriers will cause exports to the U.S in 2017 difficult to maintain such strong growth of 2016.
Exports to the EU, Japan recovered slightly by 3.7% and 5.9%, and in 2017 it’s expected to continue rising, but will increase with lower levels than 2016.
For more details on Vietnam seafood production and exports in 2016, specific evaluation and forecasts on each import market and seafood product in 2017, please subscribe Report on Vietnam Seafood Exports in 2016 published in February 2017.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
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