Squid products kept as the main export items in the period. Exports of cephalopod products increased compared to the same period in 2017, except for other processed squid and live/fresh/frozen squid.
In April, cephalopod sales to some major markets such as Japan, the EU, ASEAN, USA and Israel declined. However, thanks to the positive growth in the first months, export to these markets have been growing well, the figure in the first four months of the year registered a rise, except for the EU.
South Korea: Exports to South Korea continued to grow well. Cephalopod exports to the market in April 2018 reached nearly US$19 million, up 7% over the same period in 2017; the figure in the first 4 months amounted to US$64 million, up 12% over the same period of 2017. Currently, the share of Vietnam's cephalopod sales to this market has increased to 37%.
Japan: Vietnam’s cephalopod exports to Japan in April 2018 decreased. Exports of this item to the market valued at US$11 million, down 4% over the same period in 2017. The figure in the first 4 months of this year estimated to US$42 million, up 11% compared to the same period last year. Japan's economy continued to show signs of recovery while the yen has increased which led to the rise of the import demand and facilitated Vietnam’s cephalopod exports to this market.
The EU: This market has now returned to the third rank in top leading cephalopod importers of Vietnam. Vietnam’s cephalopod exports to the bloc in April 2018 reached US$6 million, down 34% compared with April 2017. The figure in the first four months of this year hit US$23 million, decreasing by 20% year on year. Italy, France and Spain continued to hold as top three biggest importing markets of Vietnamese cephalopod in the EU. Of that, exports to Italy and France continued to decrease by 26% and 13%, respectively.
ASEAN: In April 2018, Vietnam’s cephalopod exports to ASEAN decreased 10% to reach US$5 million. However, the figure in the first four months of this year totaled US$21 million, rising by 17%. Exports to Thailand - the largest importer of Vietnam in the region, were down 17%. Vietnam’s cephalopod exports to Thailand in the first four months of 2018 reached US$16 million, up nearly 23%.
China: Vietnam’s cephalopod exports to this market continued to show the high growth. In April 2018, exports to the country hit US$4.4 million, an increase of 127% over the same period of 2017; the figure in Jan-Apr 2018 amounted to nearly US$14 million, up 158% over the same period in 2017.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
(seafood.vasep.com.vn) Ca Mau Province has affirmed its position as the "shrimp kingdom" of Vietnam, with the largest area for ecological shrimp farming in the country.
(seafood.vasep.com.vn) According to data from Vietnam Customs, the export value of pangasius in October 2024 reached nearly $202 million, representing a 17% increase year-on-year. Cumulatively, pangasius exports to various markets in the first ten months of 2024 totaled $1.7 billion, marking a 9% growth compared to the same period last year.
(seafood.vasep.com.vn) On the afternoon of November 6th, Vietnam time, U.S. media announced the preliminary vote count showing that Donald Trump won the 2024 U.S. presidential election. His victory is expected to bring significant changes in taxes, trade, investment, and more. As a result, Vietnam's tuna exports will also be affected.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
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