In the first four months, the total export volume of pangasius to Colombian market reached 15.7 million USD, a decrease of 1,7% comparing to last year. In this period, Viet Nam focused mainly on exporting frozen pangasius fillet, frozen pangasius whole round, frozen pangasius portion and steak to this market.
The decrease in pangasius export volume into this market in the first four months of the year is a distinct trend in comparison to previous years. In the top ten exporting markets of Vietnamese enterprises, Columbia still remains one of the most potential markets in South America. But according to the assessment, this decrease is only temporary and Vietnam’s pangasius exports to this market are expected to grow gradually in the near future.
In the post-pandemic era, the Colombian economy was negatively affected when 50% of the population fell into poverty, along with increasing inflation and cost of living, making consumption become more expensive.
Having the advantage of being an advanced freshwater aquaculture country in South America with the strength of tilapia production, however, in recent years, Colombian trading partners have been steadily ordering frozen pangasius products from Vietnam.
The pangasius exports first dock through two main designated ports: Buenaventura and Cartagena. Afterwards, the importer would sell them through diverse distribution channels in major urban centers such as: Bogotá, Medellín, Cali, Barranquilla and Bucaramanga.
Vietnam and China are the top two suppliers of whitefish to Colombia, in which frozen Vietnamese pangasius is still accounting for a dominant market shares. The Colombian market still have many potentials that have not yet to be discovered, with the import price of frozen pangasius is quite stable of around 3,25-3,5 USD/kg.
Compiled by My Hanh
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(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
(seafood.vasep.com.vn) Bình Thuận's seafood production has maintained stability year-to-date, with favorable fishing grounds. However, the growth rate slowed slightly in the third quarter due to the impact of storms and tropical depressions in the East Sea.
(seafood.vasep.com.vn) Pangasius, a popular whitefish species favored in many global markets and a signature fish of Vietnam, faces stiff competition from other whitefish varieties such as cod, hake, and tilapia. However, Vietnamese pangasius has emerged as the top choice among whitefish imported by Brazil.
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