By the end of July 2019, Vietnam exported bivalve mollusk to 55 markets, much more importers than 2018 with 45 markets. The EU, Japan and the US were the three largest importers, accounting for 90% of Vietnam's bivalve mollusk exports, of which the EU accounted for 66% (compared to 64%in 2018), both Japan and the US made up for 12%.
In July 2019, bivalve mollusk exports to 3 main markets simultaneously witnessed double-digit growth, so the total export of this item in July 2019 rose by 42%. Bivalve mollusk exports to Japan achieved the strongest growth of 63%, exports to the US and EU increased by 48% and 32% respectively.
In the first 7 months of the year, exports of bivalve mollusk to 3 main markets all showed positive growth thanks to strong growth in July. Export of this product to the EU increased by 1.7% to reach US$33.6 million. Spain, Portugal and Italy were the 3 main importers of Vietnam's bivalve mollusk in the EU. As of July 2019, exports of bivalve mollusk to Spain went up by 14%, exports to Portugal and Italy slid by 7.9% and 1.9% compared to the same period in 2018 respectively. While, export to Japan and the US in the first 7 months of this year climbed by 42% and 6.5% respectively.
Demand for bivalve mollusk in the international market is still good, more and more consumers are in favour of this product. The production of farmed bivalve mollusk is increasing thanks to the adoption of new farming technology such as offshore culture. Unlike, other types of seafood, bivalve mollusk is mainly consumed in the domestic market, so the volume of trade in the international market is still limited. However, the trend is likely to change when the product is processed into new added value goods.
Therefore, it is expected that prices of bivalve mollusk might remain high and continue to rise in markets. Among bivalve mollusk, clam usually has the highest price because of lower output than other species. China almost dominated this product segment, mainly exports to Japan and South Korea. It is difficult for Vietnamese clam to compete with that of China due to low production and being unstable.
Vietnam currently exports mainly frozen clam and brown clam products to EU and US markets. Frozen boiled clams are exported to Spain with prices ranging from US$1.3 to US$1.9/kg, C&F; Frozen sliced clam meat exported to Japan costs about US$2/kg, C&F.
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.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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