China - Hong Kong
In January 2021, Vietnam's pangasius exports to the Chinese market were affected due to the regulations on inspection of imported frozen foods to prevent corona infection of some Vietnam - China border gates, causing the export value of pangasius to increase. to this market decreased by 31.3% over the same period last year. However, from the end of February and the beginning of March 2021, the export value of pangasius to this market increased from 16.7 to 28% over the same period last year. Currently, pangasius exports to China - Hong Kong market have grown again. By the end of April 2021, the total value of pangasius exports to this market reached 117.2 million USD, accounting for nearly 24% of Vietnam's total pangasius export value and up 5.4% over the same period in 2020. China - Hong Kong returned to the leading position in the top of the largest pangasius export markets of Vietnamese enterprises.
The US
In April 2021, the export value of pangasius to the US increased sharply by 136% over the same period last year, reaching 30.3 million USD. By the end of April 2021, the total value of pangasius exports to this market reached US$102 million, up 36.7% over the same period last year. The average export price of pangasius to the US market in 2020 was lower than in 2019, but in the first quarter of 2021, the average price of frozen pangasius fillets exported to the US increased to 2.87 USD/kg. Since the end of 2020, the inventory of pangasius in the US has not been much, in addition, the domestic catfish production of this country has also decreased. Therefore, right from the beginning of this year, the US has increased imports of frozen pangasius.
Brazil and Thailand
In April 2021, the export value of pangasius to these two markets skyrocketed. This is beyond the expectations of many market experts in the pangasius industry because in 2020, the value of Vietnamese pangasius exports to Brazil and Thailand will be heavily affected by Covid. In this month, the export value to Brazil increased by 687%, and to Thailand also increased by 47% over the same period last year. By the end of April, the total value of pangasius exports to Brazil reached 22.3 million USD, to Thailand reached 21.2 million USD, up 38.7% and 8.5% respectively over the same period last year. The return of export growth to Thailand - the largest pangasius import market in ASEAN - is also a good signal to increase the value of pangasius exports to this region in the next quarter.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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
