In Jan-Jun 2017, Italy, France and the Netherlands stayed as the leading buyers of Vietnam cephalopod in the EU. According to Vietnam Customs, Vietnam’s cephalopod exports to these three markets in the period recorded the good growth. Remarkably, exports to France and the Netherlands continued to experience the 3-digit growth of 272% and 282%, respectively.
Italy
Italy held as the biggest buyer of Vietnam cephalopod in the EU, accounting for 11% of Vietnam's cephalopod sales. Vietnam’s exports of this item to Italy in the first 6 months totaled US$29.5 million, up 88% year on year.
According to the statistics from International Trade Center (ITC), Italy's cephalopod imports in the first four months of this year reached 6.3 thousand MT, worth by US$36 million, down 88% in volume and value from a year before.
India was the largest supplier of cephalopod to the market, accounting for 4% of the country's total cephalopod imports; followed by China and Indonesia with 3.6% and 3.5% respectively. Vietnam currently ranked the 11th with the share of 1%.
The Netherlands
The Netherlands was the third largest importer of Vietnam cephalopod in the EU, making up 1.3% of Vietnam's cephalopod sales. In the first half of this year, exports to this market increased by 282.2% to eye US$3.7 million.
Imports of frozen raw squid (HS code 030749) into the Netherlands took up the main proportion. The country imports raw cephalopod for processing and re-exporting to other countries in the EU. According to the statistics from ITC, in 2016, the Netherlands imported 6,908 MT of cephalopod from countries in the world, worth by US$27.6 million; equal in volume and up 9% in value compared to 2015. Vietnam was the 5th largest supplier of cephalopod to the Netherlands, accounting for 7.6% of the country's cephalopod imports, behind China, India, the U.S and Thailand.
France
France was currently the sixth largest importer of Vietnam cephalopod. In the first 6 months of this year, exports to the market grew impressively by 272% to see US$5.2 million.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
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.
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