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) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
(seafood.vasep.com.vn) In the final quarter of 2024, Vietnam’s surimi and fish cake exports showed consistent growth over the last three months. For the entire year 2024, exports of these products reached USD 298 million, down 2% compared to 2023. However, the final quarter saw more promising signs for the surimi and fish cake export sector, with some markets experiencing notable growth, such as Thailand, China, and Taiwan. Particularly, exports to Taiwan, which had seen continuous declines in the previous two quarters, surged by 301% in this quarter.
(seafood.vasep.com.vn) Another year of pride for Vietnam's pangasius exports has concluded, reaching over USD 2 billion and contributing 20% to Vietnam's total seafood export turnover.
Vietnam maintained its position as the fifth-largest seafood exporter to Singapore for 12 consecutive months, surpassing Japan for the first time in 2024, amid the intensifying competition in this market.
(seafood.vasep.com.vn) Despite facing numerous challenges in the second half of the year, Vietnam's canned tuna exports concluded 2024 with a 17% increase compared to 2023, reaching USD 299 million. To maintain this growth momentum in 2025, the canned tuna production and export sector requires coordinated efforts from all stakeholders.
SSI forecasts a 28% year-on-year increase in after-tax profit attributable to the parent company of Vinh Hoan Corporation (VHC), driven by a gradual improvement in average selling prices from USD 3.15/kg in 2024 to USD 3.30/kg (+5%) in 2025. An Giang Fisheries Import-Export Joint Stock Company (ANV)'s after-tax profit attributable to the parent company is projected to rebound by 104%.
In 2025, the Mekong Delta province of Bac Lieu aims to earn 1.2 billion USD from exporting shrimp, one of the key export products that accounts for over 95% of its total export value.
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