Currently, Vietnam exports fish cakes and surimi products to 39 markets around the world. In which, Korea, Thailand, China, Japan, Russia, Malaysia, Belarus and Taiwan are the 8 single markets that import the most fish cakes and surimi from Vietnam, accounting for 88% of the total export value.
Korea is currently the largest import market for fish cakes and surimi of Vietnam. After a decline in Vietnam's imports of fish cakes and surimi in 2020, South Korea's imports in 2021 tend to be unstable. The export value of Vietnam's fish cakes and surimi to the market in the first 5 months of 2021 is equivalent to the same period in 2020, reaching more than 34.3 million USD.
Similarly, Thailand also tends to increase imports of fish cakes and surimi from Vietnam in 2021. In the first five months of 2021, the country imported more than US$34.2 million worth of Vietnamese surimi, an increase of 83% compared to the same period of 2020. The share of this market in Vietnam's total exports of fish cakes and surimi increased from 16% to 22%.
Vietnam's exports of fish cakes and surimi to China are also maintaining their growth momentum, reaching $22 million in the first five months, up 14% over the same period in 2020.
Russia, Malaysia, Belarus and Taiwan are also increasing imports of fish cakes and surimi from Vietnam. Notably, exports to the Belarusian market grew strongly. In 2020, Belarus was only a small import market, but in 2021, with a "galloping" rate of 8,148% over the same period, this country is the 7th largest import market of Vietnamese surimi.
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.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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