Vietnam's pangasius export to the Mexican market is flourishing, accounting for the largest proportion in the CTPP market. Vietnam pangasius export value to this market in the first half of the year build up 35% of the total value of the whole block.
The average export price of frozen pangasius fillets to Mexico has risen from 2.6 USD to 2.75 USD/kg. Many pangasius enterprises have moved from other markets to Mexico. More than 30 Vietnam seafood enterprises exported pangasius to Mexico in this quarter. Top 3 enterprises with the highest export value are IDI CORP; Vietnamfishco. ltd, and Cuu Long fish joint-stock Company, respectively. Pangasius processors in Dong Thap, An Giang, Ben Tre, Can Tho and Vinh Long is promoting pangasius export to this market.
Currently, Vietnam is exporting 2 main pangasius products to Mexico which are frozen pangasius fillets and frozen pangasius portions.
Top 10 Vietnam pangasius exporters to Mexico market in Jan- Apr 2022 ( Source:Vasep, FRO) |
|
No |
Company |
1 |
|
2 |
TDFOOD |
3 |
|
4 |
VIETNAMFISH CO,.LTD |
5 |
|
6 |
|
7 |
|
8 |
TPS JSC |
9 |
|
10 |
TRANHAN CO., LTD |
Compiled by Thuy Linh
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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