In the first 11 months of 2016, Vietnam’s cephalopod exports to South Korea were worth by US$147.5 million, down 1.4% from the same period last year. South Korea stayed as the leading importer of Vietnam’s cephalopod, picking up 37.7%. The reason that the country boosted imports of Vietnam’s cephalopod in late 2016 was partly driven by a decline in its fishery production this year. In the first half of this year, the output of aquatic products in South Korea dropped by 0.6% over the previous year, mainly due to a fall in volume of offshore and inshore fishing. According to statistics of South Korea, in the period, its total fishery output reached 2 million MT, down from 2.01 million MT last year. Of that, its offshore fishing output touched 208,000 MT, down 41.3%; while its inshore fishing output hit 363,000 MT, down 15.6% year on year.
Japan stayed as the 2nd largest importer with the proportion of 25%. In Nov 2016, Vietnam’s cephalopod exports to Japan valued at US$12.4 million. The figure in Jan-Nov estimated at US$97.7 million, up 4.1%; followed by the EU with the value of US$60.3 million in the period, up 6.6% year on year.
In terms of product structure, exports of squid accounted for 58.4% while those of octopus made up 41.6%. In Jan-Nov 2016, Vietnam’s squid exports amounted to US$228.4 million. In particular, shipments of live/fresh/frozen squid (HS code 03) reached the highest value of US$133.5 million, followed by dried/grilled squid (HS code 03) with US$81.01 million. Meanwhile, exports of other processed squid (HS code 16) hit US$13.8 million. In the period, Vietnam’s octopus exports totaled US$162.5 million. In which, those of dried/salted/live/fresh/frozen octopus (HS code 03) touched US$129.8 million and those of processed octopus (HS code 16) reached US$32.6 million.
Written by Ngoc Thuy
Compiled by Dieu Thuy
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's crab export value in March 2024 reached more than 18 million USD, an increase of 66% over the same period last year. Cumulatively, in the first 3 months of the year, export turnover reached more than 52 million USD, up 75% over the same period.
Vietnam's pangasius exports to Brazil reached nearly USD 28 million in the first quarter of 2024, surging by 44% compared to the same period in 2023.
(vasep.com.vn) According to Vinh Long Statistics Department, the whole province currently has 2,119 hectares of aquaculture area, an increase of 1.03% (equivalent to an increase of 21.62 hectares) over the same period last year; Of which the industrial pangasius farming area is 370.8 hectares, an increase of 0.12% or an increase of 0.42 hectares.
(seafood.vasep.com.vn) 2023 was an unsuccessful year not only for Vietnamese but also for Thailand tuna exporters in the Middle East market. Thailand's tuna exports to this market decreased by 21% in value and 27% in volume compared to 2022. Therefore, the Middle East dropped to second position among Thailand's export markets after the US, accounting for 22% of total export turnover in 2023.
Competent ministries, sectors and localities should continue efforts to lift the European Commission’s “yellow card” against the Vietnamese seafood products for illegal, unreported and unregulated (IUU) fishing, as an inspection team of the commission will visit Vietnam soon, Minister of Agriculture and Rural Development Le Minh Hoan.
(seafood.vasep.com.vn) According to data from Vietnam Customs, in March 2024, Vietnamese pangasius export turnover to markets reached 156 million USD, down 14% over the same period. Vietnam pangasius export value in QI/2024 reached 411 million USD, down 3% compared to QI/2023.
(vasep.com.vn) According to data from the Department of Fisheries, as of March 20, 2024, the shrimp farming area reached about 348,670 hectares, including 334,799 hectares of black tiger prawn farming area and 13,871 hectares of white leg shrimp farming area.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
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.
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