The U.S
In the first 7 months of 2017, Vietnam’s angasius exports to the U.S market reached US$220.8 million, up 3.3% over the same period last year, accounting for 22% of total exports. In QII/2017, exports to the market recorded the remarkable increase from 11% to 52% over the same period in 2016, which pushed the market to the leading position.
Apart from competing with tilapia products from China, Vietnam pangasius also has to compete with some other whitefish products in the U.S market such as haddock; Alaska pollock, cod ...
China - Hong Kong:
In the first 7 months of 2017, Vietnam’s pangasius exports to China - Hong Kong reached US$206.1 million, up 46.2% over the same period in 2016. At the beginning of 2017, seafood prices in China recorded the rise; thus the price of whitefish products, including pangasius, also increased. In the domestic wholesale markets, the volume of crustaceans and mollusks has increased significantly, while that of freshwater fish has declined remarkably.
In May 2017, the average price of crustacean species increased by 22% over the previous year; that of mollusks went up 45% and that of freshwater inched by 13%. Meanwhile, the consumption volume of freshwater fish, which now picked up the largest volume of fishery products traded in China, down 20% from the same period last year to 2,757 MT. Besides, the decrease in carp consumption in China also led to the increase in imports of whitefish products, including pangasius.
Brazil, Mexico, Colombia and Saudi Arabia
In Jan-Jul 2017, Vietnam’s pangasius exports to the 4 potential markets showed the good signs over the same period last year with growth of 59.3%; 25,7%; 8.9% and 6%, respectively. The sharp decline in the last 3 years in the EU market has forced Vietnam pangasius companies to shift their exports to other potential importing markets. In the second half of 2017, the export value to these markets expected to go on the rise from 8 to 35% year on year.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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