Although successively encountering difficulties from importers, so far this year, Vietnam’s seafood export holds its strong position in many markets around the world. According to Vietnam Customs, from January to October 2010, Vietnam has exported over 1.1 million MT of seafood to 158 markets worldwide, worth nearly US$4.04 billion, up 10.8% in volume and 16% in value over the same period last year. In October alone, the country's seafood export reached 133.6 thousand MT, valued at US$532.44 million, up 9.5% in volume and nearly 20% in value over the same month last year. This is the first time in the history of Vietnam's seafood export, monthly export turnover exceeded US$500 million.
EU remains an important and strategic importer of Vietnamese seafood. In the first 10 months of 2010, EU has imported 297.8 thousand MT of seafood from Vietnam, worth nearly US$954.4 million, up 2.6% in volume and 6.8% in value over the same period 2009. Germany, Spain, Italy, the Netherlands and France are single importers in EU block with large quantities, respectively 46.5 thousand MT, 55.8 thousand MT, 43.7 thousand MT, 32.9 thousand MT and 22.6 thousand MT. So far this year, the continuous depreciation of the euro against the dollar and the yen has made EU’s seafood orders decline over the same period last year. However, by understanding the needs of consumers, seafood export to this market is still fairly high.
U.S. ranked the second with 124.1 thousand MT, worth about US$776.2 million. Although 2 key items of Vietnam including shrimp and pangasius are subject to antidumping duty when importing into the U.S. market, the growth rate of Vietnamese seafood in this market is still high with 23.5% in volume and 39.5% in value. It is forecasted that the demand and price for seafood of the U.S. in the last months of 2010 will continue to increase.
Together with EU, the U.S., Vietnam's seafood export to Japan in the first 10 months of 2010 has also grown significantly with 22.8% in volume and 19.5% in value.
Shrimp has been the main export item and accounted for the largest share - 41.7% - in the categories of exported seafood products of Vietnam in the first 10 months of 2010. Followed by pangasius although export volume and value increased slightly against the same period last year (+6.7% in volume and +2.4% in value). The demand for pangasius to prepare for the Christmas and New Year in Western countries is growing; however, exporters do not dare to be "risky" to sign more contracts due to the fear of lack of raw materials. Export value of crustaceans, mollusks, tuna, other fish ... also increased over the same period last year.
With such strong growth in October, it is expected that the total seafood export value in 2010 would reach US$4.7 billion, exceeding the target of MARD.
(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.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(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.
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