In the first 7 months of 2019, export of cephalopod to the Netherlands fell in February and June, exports in the other months grew positively. The yellow card warning of the EU was one of the causes affecting Vietnamese cephalopod exports to the Netherlands.
The Netherlands mainly imports some products from Vietnam such as frozen squid, cuttlefish and octopus; frozen whole cleaned octopus IQF…
Vietnamese cephalopod exports to the Netherlands shall be more favorable thanks to tax incentives when the Vietnam-EU Free Trade Agreement (EVFTA) take effect. As committed in EVFTA, some squid and octopus products with high basic tax rates (20%) shall be reduced immediately to 0% ... Most frozen squid and octopus products currently that have a basic tax of 6-8% shall be reduced immediately to 0%. However, businesses must meet the requirements of origin to be able to enjoy these tariff preferences.
According to ITC statistics, from 2014-2018, imports of cephalopod into the Netherlands fell from US$ 23.5 million to US$ 8.3 million. Cephalopod imports into the Netherlands is declining due to low supply and high price. In 2018, Spain, China, Peru, France and Vietnam were the main suppliers of cephalopod for the Netherlands. Vietnam ranked fourth, accounting for 12% of the total import value of cephalopod into the Netherlands.
According to ITC statistics, frozen/processed squid and cuttle fish were the two main imported products of the Netherlands. In the first 4 months of this year, the Netherlands increased imports of frozen cuttlefish and squid. China, Spain and Germany were the main suppliers of frozen cuttlefish and squid to the Netherlands.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
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.
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