Currently, Vietnam exported cephalopod to 59 countries, up 9 markets over the same period in 2016, making up 99% of Vietnam’s total cephalopod exports in the first 8 months of this year.
Vietnam’s cephalopod sales to South Korea in Aug 2017 amounted to US$22 million; increasing by 34% compared with Aug 2016. The figure in the first 8 months of this year estimated at US$136 million; up 40% year on year. The country remained as the 1st rank in top cephalopod importers of Vietnam, accounting for 34% of the total export value.
Vietnam’s cephalopod shipments to Japan reported the continuous growth. Exports in Aug 2017 reached US$17 million, up 56% from Aug 2016. The figure in Jan-Aug 2017 was US$94 million, up 43% over same period last year. Japan ranked the 2nd top leading cephalopod buyers of Vietnam, accounting for 23%. A decrease in the world production of cephalopod and a rise in yen led to a jump in imports of this item into the market from Vietnam.
The EU held as the 3rd rank in the period with good growth. Vietnam’s cephaopod sales to the EU as of Aug 2017 reached US$73 million, up 94% from a year before. Italy, France and Spain continued to be top 3 biggest importers in the bloc. Exports to the three markets posted the good growth.
ASEAN remained as the 4th rank. Vietnam’s cephalopod sales to the region hit US$46 million, up 44% over the same period last year. Thailand and Malaysia were two major importing markets of Vietnam in the bloc. Shipments to Thailand rose remarkably.
In the period, exports to China witnessed the highest growth rate among major buyers of Vietnam cephalopod. Vietnam’s cephalopod exports to China and Hong Kong reached US$30 million, up 182% over the same period in 2016. Of that, sales to Hong Kong were worth by US$4.4 million, up 36%.
In the coming time, global cephalopod production forecasted to remain low, which will push the price of this item up. Vietnam’s cephalopod exports expected to go on the rise, especially value-added items
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
Regulations on the protection and sustainable development of aquatic resources, Việt Nam's legitimate rights at sea in accordance with international law and the achievements that the country has carved out to remove the European Union’s “yellow card” will be brought closer to local people.
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