In November, exports of all key products rebounded strongly with the growth of shrimp at 16%, pangasius 31%, tuna 51%, cephalopods 37%, crabs 59%, other fish increased 14%.
By the end of November 2021, shrimp exports reached 3.56 billion USD, up 3.4%, pangasius exports reached 1.4 billion USD, up 3.3%, tuna recovered 13% to 672 million USD and cephalopod molluscs increased by 7.4% to reach USD 543 million.
In November, exports to the EU market recovered the most, up 65%, reaching 105 million USD. Except for pangasius, which did not increase compared to the same period last year, exports of other products increased sharply. In which, shrimp exports alone increased by 86%, exports of other seafood such as tuna, cephalopods, bivalve mollusk all increased by 32-74% compared to November 2020. By the end of November 2021, Vietnam's seafood exports to the EU reached 967 million USD, up 11% over the same period in 2020.
Seafood exports to the US market still maintained a high and stable growth momentum with an increase of 37% in November, reaching US$198 million. Accordingly, pangasius exports increased sharply by 58%, shrimp increased by 24%, tuna increased by 48%, and other products increased sharply from 11-157% compared to November 2021. By the end of November 2021, seafood exports to the US reached nearly $1.9 billion, up 26% over the same period last year and accounting for 23% of Vietnam's total seafood exports.
Exports to CPTPP countries account for nearly a quarter of Vietnam's total seafood export turnover. In November, exports to this market sector increased by 9% to 225 million USD. Accumulated by the end of November 2021, seafood exports to the CPTPP market reached nearly 2 billion USD, down slightly by 1% over the same period in 2020. In November, exports to most markets in the bloc recovered from 11 -52%, excluding New Zealand which decreased by 6%. In which, Japan is still the main market with 136 million USD, up 3.6%. Accumulated by the end of November, seafood exports to Japan reached over $1.2 billion, down 6.4% over the same period.
After a continuous decline from March, in November 2021, seafood exports to China recovered slightly, increasing by nearly 3% over the same period to reach 135 million USD. In which, the export of squid and octopus increased sharply by 116%, the export of pangasius increased by 17.4%, the rest of other products exported to this market still fell deeply from 15-89%. By the end of November, seafood exports to this market reached US$1 billion, down nearly 21% over the same period last year.
It is forecasted that Vietnam seafood exports in December will continue to recover and will reach over $800 million, bringing the whole year of 2021 export results to over $8.8 billion, up 5% compared to 2020.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(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.
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
