Currently, Vietnam exported cephalopod to 59 markets, up 9 markets over the same period in 2016. Of that, exports to top 9 major markets accounted for 99% of Vietnam’s cephalopod sales in the first 8 months of this year.
In August 2017, Vietnam’s cephalopod exports to South Korea reached US$22 million; increasing by 34% compared with August 2016. The figure in Jan-Aug 2017 amounted to US$136 million; up 40% over the same period last year. South Korea remained as the leading buyer of Vietnam cephalopod, taking up 34% in the total export value.
Vietnam’s cephalopod sales to Japan in August 2017 reached US$17 million, up 56% compared with August 2016, the figure in the first 8 months of the year estimated at US$94 million, up 43% over same period last year. Japan ranked the 2nd in top largest importers of Vietnam cephalopod, making up 23%. A decrease in the world production of raw cephalopod an a rise in the yen exchange rate partly led to a climb in imports of Vietnam cephalopod into Japan.
The EU held as the 3rd biggest importer of Vietnam cephalopod in this period. Vietnam’s cephalopod shipments to the market through August 2017 hit US$73 million, up 94% over the same period last year. Italy, France and Spain remained as top 3 leading importing markets of Vietnam cephalopod in the EU. Exports to these 3 markets recorded the positive growth.
ASEAN continued to keep its 4th rank. Vietnam’s cephalopod exports to the region in the first 8 months of this year touched US$46 million, up 44% year on year. Thailand and Malaysia were the two major buyer of Vietnam cephalopod in ASEAN. Of that, exports to Thailand goes on the upward trend.
Sales to China witnessed the highest growth rate among the major importing markets of Vietnam cephalopod in this period. Shipments to China and Hong Kong reached US$30 million, up 182% over the same period in 2016. Of that, exports to Hong Kong were worth by US$4.4 million, up 36% year on year.
In the coming time, cephalopod production in the world forecasted to remain low, which drives the price of this item up. Vietnam’s cephalopod exports projected to continue the rise, especially value added items.
(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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