Currently, Vietnam's tuna exports to the US have all decreased over the same period, except for frozen steamed tuna (HS16 code) which increased by 20%. Compared to the same period last year, the average export price of this group of products fell by 20%.
High inventories, high inflation in the US have affected consumer consumption in the first period of 2023.
Vietnam is still the third largest tuna supplier to the US market after Thailand and Indonesia
According to statistics from the International Trade Center (ITC), US tuna imports in the first two months of 2023 are also going down compared to the same period in 2022. In which, the US tends to reduce tuna imports from Asian suppliers such as Thailand, Vietnam or Indonesia, and increases imports from countries in the same region such as Mexico or Ecuador.
Vietnam is still the third largest tuna supplier to the US market after Thailand and Indonesia. Vietnam's share in the US tuna market in the first two months of 2023 has shrunk from 21% to 11%.
The number of Vietnamese enterprises participating in exporting tuna to this market in the first quarter of 2023 also decreased to only 36 enterprises. Mariso Vietnam, Mowi Vietnam and Dragon Waves are the 3 largest exporters, accounting for 40% of total tuna export turnover to the US.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
(seafood.vasep.com.vn) Bình Thuận's seafood production has maintained stability year-to-date, with favorable fishing grounds. However, the growth rate slowed slightly in the third quarter due to the impact of storms and tropical depressions in the East Sea.
(seafood.vasep.com.vn) Pangasius, a popular whitefish species favored in many global markets and a signature fish of Vietnam, faces stiff competition from other whitefish varieties such as cod, hake, and tilapia. However, Vietnamese pangasius has emerged as the top choice among whitefish imported by Brazil.
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