By the end of August, seafood exports to the US still maintained a growth rate of nearly 27%, and to the EU increased by 10%. Exports to Korea are equivalent to the same period last year. In the top 5 markets, exports to China fell deeply by 14.6%, exports to Japan decreased by nearly 3%. Besides the US and EU, exports to Australia and Russia after 8 months still maintained high growth, increasing by 25% and 52% respectively over the same period last year.
The Covid-19 epidemic broke out strongly in the focus area of Vietnam's seafood, accounting for 90-95% of the country's seafood export turnover as well as the industry's workforce, causing difficulties for the business community.
The seafood export results in August 2021 clearly reflected the impact of the Covid-19 epidemic on the seafood industry. With a turnover of USD 588 million, seafood exports in August 2021 decreased by nearly 28% compared to the same period last year and decreased in most key products. Exports of shrimp, pangasius, tuna, squid, octopus, crabs and other marine fish all decreased by 20-33% over the same period in 2020.
Exports to all markets in August 2021 decreased by 16 - 50% compared to the same period in 2020.Accordingly, exports to China and Japan both decreased sharply by 36%, to the EU decreased by 32% (only to the Netherlands decreased by nearly 50%, Germany decreased by 42%). Exports to the US and Russia decreased by at least 16%. Exports to the UK fell by 48%, to Australia and Canada by 35% and 37% respectively.
However, with the policy of supporting and promptly removing difficulties, obstacles and bottlenecks hindering production and trade activities of enterprises before the impact of the COVID-19 epidemic, as content of Resolution No. 105/NQ-CP dated September 9, 2021 of the Government, seafood enterprises hope to have conditions and support programs to resume supply chains and gradually restore production and export from now on. 9/15. With the situation of epidemic control getting better, the policies and measures to combat the epidemic that are reasonable and suitable for both economic goals, seafood exports will accelerate in the last 3 months of the year, especially from October - the time when demand and export orders often increase.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in January 2024, Vietnamese pangasius exports to Germany decreased by 30% compared to last year and reached only nearly 2 million USD.
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