By the end of March 2020, the export value to China - Hong Kong reached US$ 63.2 million, accounting for 18.9% of the total pangasius export value, down 36.4% over the same period in 2019. However, this is an optimistic export compared to the first days of the year - the time when the outbreak of Covid-19 broke out strongly. Particularly in March 2020, the export value of pangasius to this market reached US$ 34.7 million, up more than 109% compared to January 2020. China - Hong Kong returned to be the largest pangasius importer of Vietnamese enterprises in the first quarter of 2020. It is forecasted that in the second quarter of 2020, pangasius export to this market will recover strongly and increase from 30-40% compared to the same period in 2019.
If exports had not been affected by the disruption in trade transactions, pangasius export value to the US would have been much better than the continuous decrease in 2019. In March 2020 alone, the export value of pangasius to the US reached US$ 23 million, up 26.4% over the same period in 2019. By the end of March 2020, the total export value to this market reached US$61.7 million, accounting for 18.5%, down 13.2% compared to the same period in 2019. Although pangasius export value in the first 3 months of 2020 still fell compared to the same period in 2019, exports in the first months of the year showed a positive reaction from this market. Hopefully in the second quarter, Vietnam's pangasius export value to the US market will surpass a positive growth over the same period in 2019.
As forecasted, from February to March 2020, when Covid-19 disturb the transport, distribution, as well as business activities of EU countries, pangasius export to this market is increasingly affected. clear. By the end of March 2020, pangasius export to the EU reached nearly 36.5 million USD, down 36.5% compared to the same period in 2019. In particular, the export value to the 4 largest single markets in the block (the Netherlands, Germany, Belgium and Spain) all dropped. The reduction was respectively 31.4%; 30%; 45.3% and 31.4% compared to the same period in 2019. At least until the epidemic situation will be controlled and the export and import activities returned to normal, pangasius exports to this market can stabilize.
Pangasius exports to other major importers in the first 3 months of 2020 such as ASEAN, Brazil, Mexico, Colombia and Australia still dropped sharply. In particular, pangasius export value to ASEAN declined by 29%; exports to Brazil fell by19%, Mexico slumped by 57.8%, Colombia slashed 12% compared to the same period in 2019.
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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