Since the early year to July 15th 2012, Vietnam tuna exports to Mexico are mainly fillet and other frozen tuna products (HS 0304 code) with the export value of US$3.65 million, up drastically 472 percent over that of the same period of 2011.
Despite its unstable domestic economy, Vietnam still boosted to export tuna to Mexico. For the year to date, tuna exports to the market has been rising in each month with triple digit growth, in April alone, exports got four digit growth over the same period of 2011. Since May 2012, Mexico has been put in the top ten importers of Vietnam tuna. Tuna exports to the markets in May and June 2012 remarked an impressive growth of 365.7 percent and 921.5 percent, respectively over that of the corresponding period of 2011.
During 2007 - 2011, Vietnam tuna export value saw ebbs and flows. In 2008, tuna export value attained US$5.3 million. However, in 2009, the figure sharply fell 88 percent to US$660,900 over the previous year – the deepest reduction in the past 5 years. Tuna export turnover from Vietnam to Mexico in 2009 was badly affected by instability in almost importing markets. In 2010, Vietnam tuna shipment to the market sharply advanced 142 percent to US$1.6 million against 2009.
(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.
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