The exports of fish and fish preparations were recorded at US$63.364 during July-September (2012-13) as compared to the exports of US$59.096 million during July-September (2011-12), according to the data of Pakistan Bureau of Statistics (PBS).
In terms of quantity, the exports of fish and fish preparations increased by 11.39 percent during the first three months of current year.
As much as 26,281 metric tons of fish was exported during the first quarter against the exports of 23,593 metric tons during the same period of last year, the data revealed.
During the month of September 2012, the exports of fish and fish preparations witnessed increase of 17.13 percent when compared to the exports of the same moth of the last year.
The exports of fish and fish preparations were recorded at US$31.422 million in September 2012 against the exports of US$ 26.844 million recorded during September 2011.
As compared to the exports of US$14.153 million in August 2012, the exports in September surged by 122.44 percent in September 2012, the PBS data revealed.
It is pertinent to mention here that the overall food exports from the country decreased by 11.54 percent during the first quarter of the current fiscal year.
The over all food exports were recorded at US$878.680 million in the quarter under review against the exports of US$993.352 million during the same period of last year.
The overall exports from the country witnessed positive growth of 4.26 percent while the imports decreased by 2.37 percent during the first quarter, indicating a positive trends in the overall trade volume of the country.
Exports from the country during July_September (2012 _13) were recorded at US$6.187 billion against the exports of US$5.934 billion during the same period of last year. On the other hand, the imports into the country decreased from
US$11.117 billion last year to US$10.853 billion during the current fiscal year, the data revealed.
Based on these figures, the overall trade deficit has been recorded at 9.9 percent as it shrunk reduced from the deficit of US$5.183 billion last year to US$4.666 this year.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
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