From 2014 to 2018, Japan's surimi imports ranged from US $ 486.3 million to US $ 559.2 million. In which the import value in 2017 was the lowest at US $ 486.3 million and that of reached the highest of US$559.2 million in 2014. After decreasing continuously from 2014 to 2017, the import value of surimi into this market increased continuously from 2017 to now.
Norway is the largest surimi supplier to Japan, accounting for 19.8% of the total import value of this item into Japan. Followed by three major suppliers (India, Thailand and China), accounting for 15.8%, 14.8% and 9.2% of market share, respectively. Vietnam is the fifth largest supplier, accounting for 8.5%.
In the first 7 months of this year, imports of surimi into Japan reached US$334.3 million, up 11.5% over the same period in 2018. Among the top 5 main suppliers, imports from Norway and Vietnam grew by 2 digits while imports from Thailand, India, China increased slightly.
The average import price of surimi into Japan was US $ 3.8/kg in June 2019, higher than the previous two years due to high demand from the US and the EU. Japanese surimi processors are facing difficulties due to rising import prices, escalating logistics and labor costs. It is expected that in the last months of this year, surimi demand of Japan will continue to increase.
Japan was the fourth largest surimi importer of Vietnam, accounting for 11.8% of Vietnam's total export value of Vietnamese surimi to markets. In the first 7 months of 2019, Vietnamese surimi exports to Japan were not stable, the export value of this item to Japan slid in February, June and July while sharply increasing in January, Marh, April and May.
In July 2019, Vietnamese surimi exports to Japan reached US$ 1.9 million, down 44.8%. In the first 7 months of this year, the export value reached US$ 21.6 million, up 5.5% over the same period in 2018.
As of July 2019, Vietnamese surimi exports to Japan were not stable due to the high input costs for domestic production. Therefore, the export price of Vietnamese surimi products was still higher than the similar products of other competitors in Japanese market such as China, Thailand ...
(seafood.vasep.com.vn) The Report on Vietnam Pangasius Sector 2015–2024, produced and released by the Vietnam Association of Seafood Exporters and Producers (VASEP) in January 2025, is expected to provide enterprises, importers, and government agencies with a comprehensive overview of key developments in Vietnam's pangasius production and export over the past decade. In addition to highlighting achievements, the report identifies existing challenges and analyzes future opportunities and threats for the pangasius industry.
(vasep.com.vn) Overcoming two years of fluctuation in both export markets and domestic production, Vietnam's pangasius industry has demonstrated resilience, adaptability, and a strong determination to seize opportunities and boost exports to various markets. As a result, in 2024, pangasius exports reached USD 2 billion, a 9% increase compared to 2023. This achievement is a source of pride for Vietnam's aquaculture and agriculture sectors.
(seafood.vasep.com) Speaking at a conference to implement the 2025 plan of the Ministry of Agriculture and Rural Development, Prime Minister Pham Minh Chinh urged the agricultural sector to strive for a total export turnover of agricultural, forestry, and fishery products reaching $70 billion by 2025.
With robust production and processing infrastructure, combined with continuous market development efforts, Vietnam’s seafood exports are poised for 10–15% growth in 2025.
In 2025, seafood exports are expected to continue to grow better and could reach 11 billion USD as in 2022. However, this is also the year the seafood industry will face challenges, including increased competition from other countries, trade wars and market barriers...
(seafood.vasep.com.vn) On the afternoon of December 25, at Toan Thinh Conference Center (Soc Trang City), the Soc Trang Fisheries Sub-department, under the Department of Agriculture and Rural Development of Soc Trang, held a conference to review the 2024 aquaculture activities and outline the brackish water shrimp farming plan for 2025. The event was attended by Ms. Quach Thi Thanh Binh, Deputy Director of the Department of Agriculture and Rural Development of Soc Trang.
The Mekong Delta province of Soc Trang aims to achieve export value of over 1.9 billion USD in 2025 by boosting production and processing of key products such as seafood, high-quality rice, fruits, and garments.
The UK-Vietnam Free Trade Agreement has significantly boosted Vietnamese seafood exports, with shrimp and pangasius leading the charge in the UK market.
(seafood.vasep.com.vn) In November 2024, Vietnam's tuna exports failed to maintain the rapid growth momentum seen earlier. Export value during the month increased by nearly 4% year-on-year, reaching approximately USD 82 million. Cumulatively, the export value for the first 11 months of 2024 totaled USD 903 million, a 17% increase compared to the same period in 2023. However, at this growth rate, the total export turnover for 2024 is estimated to only reach around USD 1 billion.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
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