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) In 2025 In 2025, Vietnam's brackish water shrimp industry will continue to grow sustainably, enhancing value-added products with strong contributions from local authorities and the business community.
(seafood.vasep.com.vn) In January 2025, the country's total seafood output was estimated at 594,100 tons, a 0.7% increase compared to the same period last year. Specifically, fish production reached 443,400 tons, up 0.7%; shrimp output was 56,300 tons, up 3.1%; and other seafood products totaled 94,400 tons, down 0.9%.
(seafood.vasep.com.vn) The industrial pangasius production in Vinh Long province in 2024 reached 95,100 tons, a 4% decrease compared to 2023. Despite the decline in production, positive trends in the final months of the year offer hope for improving economic efficiency in the near future. Additionally, the increase in the area for industrial pangasius farming and the maintenance of overall aquaculture area demonstrate the province’s efforts to sustain its production activities.
(seafood.vasep.com.vn) In January 2025, Vietnam's total seafood export value reached 774.3 million USD, a 3.3% increase compared to the same period in 2024. This is a positive result compared to January 2023, when the Lunar New Year fell at the end of the month, significantly impacting export outcomes.
(seafood.com.vn) In 2024, Vietnam exported shrimp to 107 markets, up from 102 in 2023. The top 5 major markets for Vietnam’s shrimp exports were China & Hong Kong, the U.S., Japan, the EU, and South Korea, accounting for 76% of the total shrimp export value.
(seafood.vasep.com.vn) In 2024, Vietnam's seafood sector successfully exported to numerous countries, reaching a milestone of USD 10 billion, a 12% increase compared to 2023. 2025 promises to be a prospective year for promoting exports to various markets, including target and potential markets such as the US, China, ASEAN, and the Middle East.
(seafood.vasep.com.vn) The EU has been one of the largest consumers of Vietnamese pangasius over the past decade. However, data from Vietnam Customs reveals a gradual decline in EU imports of pangasius from Vietnam over the last five years.
The Report on Vietnam Seafood Exports in 2024 by the Vietnam Association of Seafood Exporters and Producers (VASEP) was published amid positive developments in the country's seafood industry, marking a successful year with a total export value of USD 10 billion, a 12% increase compared to 2023. This milestone underscores the sustainable growth and exceptional potential of the seafood sector in contributing to the national economy.
(seafood.vasep.com.vn) Vietnam's tuna sector faced numerous challenges in the latter half of 2024. While the year proved memorable, with export turnover reaching nearly USD 1 billion, maintaining this growth trajectory requires renewed impetus for the tuna industry.
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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