Vietnam’s pangasius exports to China - Hong Kong in 2017 hit US$410.8 million, up 34.8% compared to 2016, accounting for 23% of total export value. In the first three quarters of 2017, the export value of pangasius to this market experienced the average growth of two digits. In December 2017, the export value of pangasius to China - Hong Kong increased by nearly 10% over the same period last year.
Exports to the U.S and EU continued to face difficulties. In the European market, out of top 5 importers, exports to the UK went up 2.5% compared to 2016 while those to other markets such as the Netherlands, Germany and Belgium fell by 3.2%; 19.3% and 4.2% respectively over 2016.
In ASEAN, Thailand is the largest buyer of Vietnam’s pangasius exporters with the value of US$51 million, up 8.8%. In addition, shipments to Singapore and the Philippines were worth by 2.8% and 11.9%, respectively. In 2018, Vietnam’s pangasius exports to this region projected to keep the average growth rate as 2017.
In 2017, pangasius exports to the U.S and EU decreased, so the companies increased exports to the 3 potential markets including Brazil, Mexico and Saudi Arabia. The export value to these three markets has grown well and is forecasted to remain at this rate this year. Vietnam’s pangasius sales to Brazil, Mexico and Saudi Arabia reached US$104.7 million, US$104.2 million and US$53.4 million, up 54%; 23.6% and 4.2% respectively over the previous year.
In 2018, Vietnam’s pangasius exports expected to total US$1.85 billion.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
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