In August 2021, exports of shrimp, pangasius, tuna, squid, octopus, crabs and other marine fish all decreased by 20-33% over the same period in 2020. However, thanks to high export results. in the first 7 months of the year, the cumulative increase in the first 8 months of the year still increased by 7%, reaching 5.6 billion USD. In which, shrimp exports reached nearly 2.45billion USD, up 6%, pangasius exports still kept growing by 8.8%, reaching 993 million USD. Tuna export in 8 months also increased by over 12% to 460 million USD. Meanwhile, exports of squid, octopus and other fish (except tuna and pangasius) increased slightly by 4-5%.
Currently, some provinces south of Hau river such as Soc Trang, Ca Mau, Bac Lieu, Kien Giang... have good disease control and flexibility, so the production situation will recover sooner. These are the key provinces for shrimp production and export, so shrimp products are expected to help limit the sharp decline in seafood exports in the last months of the year.
Pangasius production and processing is concentrated mainly in the northern provinces of the Hau River, still heavy because of 3 local production, more than half of the factories have to close, the pangasius export situation is difficult to improve in the month. next.
Similarly, Ho Chi Minh City and the Southeast provinces have many factories and enterprises processing and exporting marine products such as squid, octopus, tuna, and other marine fish. With the current Covid-19 outbreak, production and exports in these areas will continue to stagnate in September.
Therefore, it is forecasted that seafood exports in September will continue to decrease by at least 20% to about 660 million USD. With the scenario after September, most seafood processing workers are vaccinated, companies do not have to produce under strict distancing regulations, exports in the last 3 months of the year will recover slightly and can reach about 8.5-8.6 billion USD. In which, shrimp exports are forecast to reach about 3.9-4 billion USD, pangasius about 1.5 billion USD, export of marine products about 3.1 billion USD.
(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.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
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