In the first quarter of 2020, China was hit hard by the Covid-19 pandemic. In the second quarter of 2020, the epidemic has been better controlled. Supply chain disruptions have been overcome, the demand for seafood including shrimp was also better.
China was the largest black tiger shrimp importer of Vietnam. In the first 6 months of 2020, in the structure of shrimp products exported to China, black tiger shrimp accounted for 32.7%, whiteleg shrimp accounted for 39.1%, and the rest was marine shrimp. Export of whiteleg shrimp and black tiger shrimp to China in the first half of 2020 slumped, only export of marine shrimp soared by 137%, especially dried marine shrimp surged by 1,812%.
According to data from China Customs, in the first 6 months of 2020, China imported 339,000 MT of frozen warm-water shrimp, worth $ 1.98 billion. China's imports of frozen warm water shrimp in June 2020 jumped by 36% compared to May 2020 to 75,000 MT, the highest level since December 2019. The import value of frozen warm-water shrimp reached US$420 million, up 34% compared to May.
Ecuador, the largest supplier of shrimp to China (accounting for 2/3 of China's shrimp imports in June), exports to China 50,000 MT of shrimp, an increase of 72% compared to May. India, the second-largest supplier of China, supplying 14,500 MT of shrimp to China in June, equivalent to the export volume in May. Thailand, Vietnam, and Argentina were the next major shrimp suppliers to China, each country supplying about 2,400 - 2,500 MT.
At the beginning of July 2020, Ecuador had many difficulties in shrimp exports to China as 3 major shrimp companies of this country were banned from exporting to China due to the detection of coronavirus on product packaging. Also in early July, some batches of shrimp exported from India to China were delayed customs clearance, plus tensions at the borderline between India and China. It is expected that shrimp exports from China's two largest shrimp suppliers, Ecuador and India, will decrease in the third quarter of 2020. It is forecast that Vietnam's shrimp exports to China will continue to increase in the third quarter of 2020, to offset the supply reduction from Ecuador and India.
China's domestic shrimp production this year is expected to decline due to disease on shrimp, China's cold-water shrimp imports also tend to decrease, China's economic growth in the second quarter of this year has been better and is forecasted not to decrease in the whole year. Therefore, China's demand for shrimp imports is not expected to decrease. It is expected that Vietnam's shrimp exports to China will increase by about 7% in 2020.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
(seafood.vasep.com.vn) On December 11, Vinh Hoan Joint Stock Company (Vinh Hoan Corp) was once again honored in the "Top 50 Most Effective Businesses in Vietnam" ranking, compiled annually by the Investment Bridge Magazine. This marks the 11th consecutive year Vinh Hoan has been recognized in this prestigious list.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn