In August 2021, Vietnam's marine product exports fell sharply compared to the previous month and compared to the same period last year. The reason is that production activities are delayed due to social distancing to prevent the Covid epidemic, processing plants reduce capacity, lack of production materials, supply chain is interrupted, transportation is not smooth. ...
Vietnam's exported marine products include: other fish (except tuna and pangasius, accounting for 51.7% of Vietnam's total seafood export value); tuna (accounting for 22.1%); cephalopods (17%); crabs, crabs and other crustaceans (4.9%); bivalve molluscs (4.1%) and other molluscs (except squid and bivalve molluscs account for 0.2%).
In August 2021, the export value of all marine products (except bivalve molluscs) plummeted by double digits from 19-48% compared to August 2020. Other mollusk exports dropped the most by 48%, while marine fish and crab exports fell by 30% and 25%, respectively. Only exports of bivalve molluscs increased by 36%.
However, thanks to the positive growth in the previous months, accumulated in the first 8 months of this year, the total export value of marine products still increased by 7% over the same period in 2020. Only exports of crabs and other molluscs decreased by 4% and 36%, the remaining seafood exports still grew positively from 4% to 40%. Exports of bivalve molluscs increased the most by 40% to 86.8 million USD, exports of other marine fish, tuna and octopus increased by 5%, 13% and 4% respectively.
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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