The increase was witnessed in shipment of 4 main tuna products: fresh, live/frozen/dried tuna (HS0302 code); tuna fillet/steaks (HS0304 code); canned tuna and other processed tuna (HS16 code).
In 2011, fresh, live/frozen/dried tuna exports predominated over exports of other tuna products. This year, exports of tuna fillet/steaks outreached fresh, live/frozen/dried tuna to gain the leading position. Through the third quarter of 2012, the growth in export value of tuna fillet/steaks was 139.82 percent, followed by canned tuna exports growth of 47.7 percent, other processed tuna exports with 42 percent growth and fresh, live/frozen tuna with 13.54 percent advance compared to the same period of 2011.
Tuna exports to 10 destinations marked a positive growth, except for Iran. Vietnam tuna exporters seemed to hesitate to export their tuna products to the market due to Iran’s political and economic instability.
In 2011, Spain ranked the fourth position among importers of fresh, live/frozen/dried tuna from Vietnam. Between Jan and Sep 2012, Spain surpassed Belgium to rank the third position.
Tuna exports to Belgium since the early this year reduced 19.94 percent. While tuna exports to Portugal raised remarkably with the export value of US$1.006 million, up 357 percent from that of the compatible time of 2011 (US$219,670).
In the first nine months of 2012, canned and processed tuna exports were boosted to the U.S and Taiwan. In 2011, the U.S. is not Vietnam’s potential market of processed tuna. However, in the first 9 months of 2012, main suppliers of processed tuna for the U.S. contracted their export volume, Vietnam tuna exporters took the advantage to export this type of tuna products to the U.S.
According to experts, this year, favorable natural conditions created more raw tuna for Vietnam. Favorable conditions in importing markets also help Vietnam tuna exports keep its growth from now to the end of this year.
However, to meet enough raw tuna supply for processing, tuna processors must import a large amount of raw tuna. In the long term, tuna processors still continue to purchase raw fish to remain and expand their business. Tuna import value into Vietnam this year is expected to continue to rise.
However, domestic tuna processors have recently concerned about the draft on revised tax management law compiled by Ministry of Finance and submitted to National Assembly. The draft requires importers to provide a credit guarantee by credit institutions to enjoy imported tax payment grace in 275 days. If the changes to the grace period are approved, importers will encounter difficulties in finance and raw tuna imports. Vietnam tuna sector can hardly solve shortage of raw tuna in the future.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn