In recent years, shrimp has increasingly accounted for a larger proportion of Vietnam's total seafood export turnover. In 2020, shrimp accounted for 44% of seafood exports with over 3.7 billion USD. In 2021, by the end of October 31, shrimp exports accounted for 45% with 3.2 billion USD.
Whiteleg shrimp is growing strongly and accounts for a large proportion of Vietnam's total shrimp exports. Meanwhile, the export turnover of black tiger shrimp continuously decreased, decreasing from 32.6% to 15.4%.
The top 5 largest markets for Vietnamese shrimp include the US, Japan, EU, China, and South Korea, accounting for 80-85% of Vietnam's shrimp export value.
In the picture of the world's seafood imports, shrimp also accounts for the highest proportion in value with 14% and has a growth rate of 21% after 5 years. The world shrimp import value ranges from 22-28 billion USD/year.
The demand for shrimp in the world market is increasingly strong, creating attraction for not only Vietnamese exporters but also enterprises in many other countries. Therefore, along with an optimistic signal about demand, competitive pressure is also increasing.
Regarding shrimp exports, according to 2020 data, Vietnam ranks third, accounting for 13.6% of the market share, after India (15.7%) and Ecuador (14%).
Before 2015, Vietnam used to be the world's largest shrimp exporter, but the acceleration of India since 2015 and the breakthrough of Ecuador since 2018 have caused Vietnam's shrimp exports to face strong competition and fall. down to 3rd place.
To help shrimp exporters and importers grasp the whole picture of Vietnam's shrimp production and exports and its position in the world shrimp industry picture over the past 6 years along with a forecast to 2025, VASEP releases Report on Vietnam shrimp sector in 2016-2021, forecast to 2025.
The report will consist of 6 main parts:
(1) Shrimp production (output by species of black tiger shrimp, vannamei shrimp, price movements);
(2) Shrimp exports (by species of black tiger shrimp, vannamei shrimp, exports to main markets, trends, products, price movements, position of Vietnamese shrimp in the markets, Vietnamese shrimp exporters to markets, main shrimp import ports in markets and leading import partners...);
(3) Importing shrimp from other countries;
(4) Top shrimp exporters (according to turnover); Top companies exporting vannamei shrimp; Top companies exporting black tiger shrimp.
(5) Export of shrimp by localit and species (whiteleg shrimp, black tiger shrimp, other shrimp)
(6) Forecast of shrimp production and export to 2025 (by product, market);
VASEP cordially invites interested businesses and readers to register for the Report on Vietnam's shrimp sector in 2016-2021, forecast to 2025.
Please contact: Ms. Nguyen Trang
Tel: 0965097642; Email: nguyentrang@vasep.com.vn
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(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.
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
