He said in April this year vis-à-vis March, imports of chilled and frozen fish declined by 24.4% to USD 171 million. For April 2012 compared to April 2011, they were down 18.9%.
During the period of April 2012-April 2011 imports of frozen fish declined 37.7% to USD 52.9 million, also frozen fillets were down 31.7% at USD 22.4 million. For the same period, imports of fresh and chilled fish increased by 2.8% to USD 95.7 million.
The decline was due to lower imports of trout and mackerel. For the period of January-March 2012, frozen trout imports were down 39.6% to 2,900 tonnes; frozen mackerel declined 47.5% to 13,600 tonnes. For the same period, imports of frozen capelin were up 3.2 times to 37,500 tonnes; sprats up 37.3% to 16,900 tonnes; and whiting by 14,100 tonnes. While imports of herring fillets were up 11.2% to 11,900 tonnes, imports of Chinese tilapia and Vietnamese pangasius declined 36.6% to 4,000 tonnes; and surimi by 14.8% to 4,600 tonnes.
At the same time, despite the decline of imports in volume terms, its value is increasing, which corresponds to the trend of 2011, when fish imports to Russia increased by 30%, in value terms, compared to 2010, mainly due to a significant increase in fish prices.
Among the major fish importers to Russia are Norway and Finland.
According to Timur Mitupov, currently Russia is experiencing the process of fish imports' substitution, thanks to the ever growing volumes of domestic catches.
According to the Federal Agency for Fisheries, last year total Russian fish catch amounted to 4.225 million tons of fish and seafood, which is 197,000 tons (4.9%) more than in 2010. Since 2008, the volume of the Russian fish catch is growing annually by about 300 thousand tons per year.
At the same time, according to analysts of the Fishretail, one of Russia's leading magazines in the field of fishery, despite the currently observing imports' decline, Russia still heavily depends on fish supplies from abroad.
According to analysts, fish imports to Russia still significantly exceed the volume of its exports in volume and value terms. In addition, there is a need to take into account that a significant share of fish imports to Russia accounts for the products, which were caught in Russia and imported to the country after processing in China and South Korea.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(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.
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