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
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
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