In the first half of 2021, Vietnam's seafood production and export continued to be affected by the Covid-19 epidemic, which was still tense in many countries around the world and had a strong outbreak in the country. Covid caused a disruption in the logistics supply chain for global trade, whereby seafood exports from the beginning of the year until now have been burdened with sea freight charges that have increased continuously and increased many times along with a serious shortage of containers for export. In addition, input costs for production and processing also skyrocketed, affecting the profits of enterprises.
However, in the midst of difficulties, seafood enterprises have made efforts and flexibility to stabilize production, maintain supply, and take advantage of opportunities of markets that are recovering strongly in demand such as the US and EU, as well as promote exports to markets with favorable import tax incentives under agreements such as CPTPP, EVFTA, UKV FTA, RCEP..., and promptly provide diversified products for different market segments.
Therefore, by the end of June 2021, the country's seafood export still reached 4.1 billion USD, up nearly 15% over the same period last year. Exports of all key commodities grew over the same period last year, of which the largest contribution was shrimp exports with $1.7 billion, pangasius at $781 million, and fishing products also accounted for a high proportion. with 1.67 billion USD.
The prospect will be very positive for Vietnam's seafood exports in 2021 if the 4th Covid wave does not break out as strongly as now, especially in key areas of seafood production, processing and export such as Ho Chi Minh City and the Mekong Delta region are being severely affected, production is stalled because of the requirements of social distancing and epidemic prevention.
Faced with this situation, how will Vietnam's seafood exports turn out in the second half of the year, will there be a breakthrough again at the end of 2021? There will be different scenarios when the Covid situation is unpredictable.
To have a better and more detailed understanding of Vietnam's seafood export results in the first 6 months of the year and comment on the import markets, production and export developments in the second half of 2021, we would like to cordially invite Readers register the Report on Vietnam's Seafood Exports in the second quarter of 2021.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
(seafood.vasep.com.vn) Shrimp exports for the first 11 months of 2024 brought in nearly 3.6 billion USD, up 22% compared to the same period last year. Exports to major consumption markets all recorded double-digit growth.
(seafood.vasep.com.vn) In 2023, total pangasius imports into the European Union saw a significant decline compared to the previous year. Approximately 70,000 tons were imported, 3,000 tons less than in 2022, according to a report from FAO-Globefish.
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
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