Shrimp production is estimated to reach 161.1 thousand tons, an increase of 4.8% over the same period in 2023. Of which, white leg shrimp production recorded a growth of 6%, and black tiger prawn production increased by 2% over the same period last year. last.
Ca Mau, Bac Lieu, and Soc Trang were the top 3 localities leading the country in shrimp production and export. Ca Mau ranked first in shrimp production with 22,942 tons of black tiger shrimp in the first quarter of this year, down 5%, and white leg shrimp with 33,567 tons, down 5%. Ca Mau has strengths in shrimp farming, with a shrimp farming area of about 280,000 hectares and output reaching 230,000 tons per year, including many types of farming such as super-intensive farming, intensive farming, extensive farming, improved extensive farming, and shrimp farming. forests, shrimp, and rice...
Ca Mau's shrimp export turnover in 2023 reached over 1 billion USD, accounting for 40% of the area, 22% of output, and nearly 30% of the country's shrimp export value.
Bac Lieu ranked second in shrimp production in the first quarter of this year with 12,502 tons of giant tiger prawn, down 14%, and 13,577 tons of white leg shrimp, up 56% over the same period.
Over the years, Bac Lieu shrimp has had a certain position, being present in many markets that are considered demanding.
The entire province currently has 45 seafood processing factories meeting export standards to European countries, the US, Japan, Korea, China, Australia, the Middle East, etc., with a designed capacity of nearly 210,000 tons per year, ranking third nationwide.
Next is Soc Trang in the first quarter of this year, with output reaching 1,135 tons of black tiger shrimp, down 53%, and 9,080 tons of whiteleg shrimp, up 50% over the same period.
The province's brackish water shrimp area and output in 2023 both exceeded the planned targets. In 2024, Soc Trang province sets a target brackish water shrimp farming area of 50,320 hectares with an output of 215,000 tons.
Currently, cooperatives and shrimp farming households in Soc Trang have converted the traditional form of shrimp farming in earthen ponds to shrimp farming in canvas-lined ponds, with shrimp farming in two, three, or more stages combined with the installation of automatic environmental monitoring equipment.
In the first quarter of this year, Soc Trang, Ca Mau, and Bac Lieu led in shrimp export turnover, accounting for 23%, 20%, and 11% of the country's total shrimp export turnover, respectively.
Prices on Vietnam's raw whiteleg shrimp and giant tiger prawn farms have also tended to increase since January this year.
(seafood.vasep.com.vn) Sao Ta (FMC - HoSE), a key subsidiary of PAN Group, has announced impressive business results for February. The company's shrimp production reached 1,913 tons, a 106% increase compared to the same period last year, while agricultural product production reached 67 tons, up 6%.
(seafood.vasep.com.vn) The tuna export market of Vietnam in the first month of 2025 has seen notable fluctuations. Exports to most major markets have decreased compared to the same period in 2024.
The Seafood Expo Global is the largest seafood industry event in the world, truly becoming a professional playground and a strong foundation for connecting the international seafood community. The Seafood Expo Global (SEG) 2025 will take place from May 6 to May 8, 2025 in Barcelona, promising to be an important platform for the global seafood community to meet, trade, and seek business opportunities in seafood industry.
(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam’s pangasius exports in January 2025 reached over USD 133 million, marking a 19% decline compared to the same period last year. Notably, the ranking of the top pangasius import markets saw significant adjustments.
(seafood.vasep.com.vn) According to a report by the General Statistics Office, the estimated pangasius output for January 2025 reached 102.5 thousand tons, representing a 6.0% increase compared to the corresponding period of the preceding year. This surge is attributed to the rise in pangasius material prices within the Mekong Delta, which has incentivized aquaculture farmers to expand their stocking activities. Concurrently, this price increase has facilitated processing enterprises to intensify procurement efforts to meet export demands during the early part of the year.
(seafood.vasep.com.vn) Between 2015 and 2024, Vietnamese pangasius exporting enterprises have undergone notable transformations in rankings and experienced fluctuations in developmental strategies, competitive intensity, and business efficacy. This dynamic is clearly illustrated through shifts in export turnover and the proportional contribution to the national pangasius export volume among the Top 5 enterprises.
(seafood.vasep.com.vn) The outlook for Vietnam’s seafood exports remains positive, with a strong focus on maintaining growth in key markets like China and the U.S., while diversifying into new regions. As global trade policies continue to evolve, adaptability and strategic planning will be key to navigating the challenges ahead.
(seafood.vasep.com.vn) Thanks to improved pangasius prices and higher production, Vĩnh Hoàn's after-tax profit in Q4 2024 reached VND 440 billion, a 4.8-fold increase compared to the same period last year.
(seafood.vasep.com.vn) According to data from Vietnam’s Customs, in Q4 2024, Vietnam’s pangasius exports to China & Hong Kong reached USD 163 million, a 17% increase compared to the same period in 2023, with consistent growth across all months. The total value of pangasius exports to China & Hong Kong for 2024 reached USD 581 million, a 1% increase over the previous year.
Vietnam’s seafood exports are projected to maintain strong growth this year, potentially reaching 11 billion USD.
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