The activities of harvesting, catching, transporting, consuming and processing aquatic products are on the rebound. Harvest of aquaculture products in November 2021 was estimated at 468.7 thousand tons, up 3.9% over the same period last year. In which: fish production reached 320.4 thousand tons, up 3.1%; shrimp production reached 95.8 thousand tons, up 5.9%.
Tra fish output harvested in November 2021 reached 112.4 thousand tons, down 0.4% over the same period last year. At this time, farmers still have the mentality of stocking moderately due to the impact of the Covid-19 epidemic, thus leading to a shortage of fish materials for export processing, fish weighing 0.8 -1 kg/pc. This is also the reason why the price of raw pangasius in the Mekong Delta provinces is at a high level.
Vannamei shrimp production in November 2021 was estimated at 65.2 thousand tons, up 7.8% over the same period last year; black tiger shrimp reached 23.4 thousand tons, up 1.7%. The price of raw whiteleg shrimp in the southwestern provinces continued to be at a high level compared to the same period last year.
Harvesting and consuming vannamei shrimp in localities is more favorable after the easing of social distancing measures, processing enterprises gradually regain production momentum and people in shrimp farming areas focus on farming and year-end harvest.
The fishing production in November 2021 was estimated at 293.1 thousand tons, up 2.2% over the same period last year, including: fish 220.5 thousand tons, up 2.7%; shrimp reached 13.4 thousand tons, equal to the same period last year. In which, sea-exploited seafood in November 2021 was estimated at 275.2 thousand tons, up 2.3% over the same period last year.
Generally, in 11 months, aquatic production was estimated at 7,908.2 thousand tons, up 0.5% over the same period last year. In which: aquaculture achieved 4,252.7 thousand tons, up 0.2%; capture fisheries output reached 3,655.5 thousand tons, up 0.8% (output from marine fishing reached 3,480 thousand tons, up 0.9%).
(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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