In the structure of shrimp products exported to China & HK, vannamei accounted for 54.9%, black tiger shrimp accounted for 25.3%, the rest was other shrimp. In the first 6 months of this year, the export value of whiteleg shrimp and black tiger shrimp to China & HK increased by 1% and 30% respectively over the same period in 2022. The export value of processed vannamei shrimp increased the most by 66%; Export of processed black tiger shrimp and frozen raw black tiger shrimp increased by 55% and 29%, respectively; Dried shrimp exports increased sharply by 3 digits with 583%.
China & HK mainly import frozen raw shrimp (HS code 03) from Vietnam, accounting for 97% of the proportion. In the first half of 2023, the average price of Vietnam's vannamei shrimp exported to China ranged from 4.9 to 7.9 USD/kg, and the average price of black tiger shrimp exported to this market ranged from 8.2 to 13.8 USD/kg.
According to data from China Customs, China's imports of warm water shrimp in H1 of 2023 increased by 49% year-on-year to 502,669 tons. Total import value increased 29% to 2.84 billion USD. This shows that China's shrimp demand is strong despite the slow economic recovery after the COVID-19 pandemic.
Vietnam’s black tiger shrimp exports to China & HK increased by 30% in the first half of 2023
Ecuador is China's largest shrimp supplier with 362,000 tons, up 63% year-on-year. Imports from India and Argentina also have strong growth. Shrimp imports from India increased by 31% and Argentina by 270% in the first half of this year to 60,700 tons and 17,700 tons, respectively. However, the products from these sources are mainly headless, semi-processed and wild-caught red shrimp, so the price is higher than that of Ecuador.
After the Chinese government lifted the “Zero Covid-19” policy, Ecuador shrimp exports to China increased dramatically. Localities with large populations such as Guangdong, Fujian, etc are “flooded” by Ecuadorian shrimp. This put a high pressure on Vietnamese shrimp in this market.
In the H1 2023, Ecuador promotes the export of cheap inventories to China while the harvest amount will tend to decrease in the second half of the year due to adverse weather conditions. As a result, the supply of Ecuadorian shrimp to China in the latter part of the year is likely to decline while this is the time that China often has high import demand. Therefore, Vietnam's shrimp exports to China during this period are anticipated to surpass the first half of the year.
Compiled by Thuy Linh
(seafood.vasep.com.vn) NAVICO has announced that it has closed the value chain for pangasius fish by ensuring 100% self-sufficiency in feed for aquaculture and raw fish production, creating favorable conditions for a breakthrough in this year's business results.
(seafood.vasep.com.vn) On April 23, 2024, the 30th Global Seafood Exhibition opened at the Fira Gran Via Exhibition Center in Barcelona, Spain. Many seafood processing and exporting units from Vietnam participated in the exhibition. At this year's exhibition, deep-processed seafood products continued to attract significant attention and preference from a large number of participants.
(vasep.com.vn) Through the first quarter of the year, in a context where the shrimp industry still faced many risks, shrimp exporting enterprises still showed efforts and determination in production and business.
(seafood.vasep.com.vn) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
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.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn
