The agency hopes to gradually get rid of poaching sea products, the volumes of which have increased dramatically with the official figures of Russia and Japan on the volumes of Russian crab deliveries differing by more than 20 times.
In the first half of 2013, only 603 metric tons of Russian crab was officially exported, according to the Russian customs service. But the Japanese Ministry of Finance registered imports of 13,800 metric tons.
However, patterns are starting to change, following the signing of a Russia-Japan agreement to combat illegal, unregulated, unreported (IUU) fishing, a representative of the Eastern Association of Crab Catchers said.
For instance, in the first six months of this year volume red king crab exported to Japan was five times higher than last year. Registered shipments amounted to 8,600 metric tons compared, while snow crab showed minimum supplies of 5,200 metric tons in last ten years.
"No one wants to take the risk because of snow crab, the cost of which in recent years have rarely exceeded $4 (€3) to $5 (€3.8) per kilogram. Instead, king crab with a price of $12 (€9) to $16 (€12) per kilogram has become more tempting prey", a source at the association said.
The Russian Fishery Agency confirmed a sharp rise in illegal shipments of red king. "In the last 1.5 years, before the entry into force of Russian-Japanese and Russian-Chinese agreements on combating IUU fishing, a huge stream of poaching crab swamped the ports of the Japanese island of Hokkaido", Alexander Saveljev, the head of the public relations center at Rosrybolovstvo, said.
Russian experts expect the introduction of control certificates will both sharply decline volumes of IUU fishing and significantly raise the prices for crab of Russian origin.
"It is difficult to predict how these prices will rise," Saveljev said. "But it's highly likely the price hike will happen, as the growth of the supplies of poaching crab has led to a sharp decline in prices and to big losses of legitimate suppliers.
"The cost of legally caught crab dropped by three times in last 18 months from $25 (€18.8) to $28 (€21) per kilogram."
The Russian Far East region has the world's major stock of crab. According to official data about 50 to 60 percent of the Russian catch is exported, however, experts said this figure reaches 90 percent, taking into account illegal fishing and the "gray" crab supplies.
According to Rosrybolovstvo statistics, the 2012 crab catch of Russian origin amounted to 44.2 million metric tons, of which 26.7 million tons were exported.
In the first half of the 2013 some 22.9 million tons of crab were harvested with about 14 million tons delivered to the external market.
The Russian legal crab catching is estimated at $1 billion (€749.9 million) to $1.2 billion (€899.9 million) with the export share reaching $500 (€375) to $600 million (€449.9 million).
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.
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
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