Exports in past 2 months decreased as the southern localities had to impose social distancing measures to fight Covid - 19 pandemic.
In the first half of September, most of the southern localities still applied social distancing under the Prime Minister’s Directive 16, many processing factories suspended operations, leading to a decrease of 31 percent in the nation’s total seafood export turnover. In the second half of the month, several localities began loosening social distancing, which helped restore some production activities.
Seafood export turnover in September 2021 reached over 628 million USD, down 23 percent over the same period in 2020. In the month, seafood exports to the US recovered with a slight increase of 3 percent year-on-year to 159 million USD, while those to other markets continued to decline, with China seeing the biggest drop (nearly 50 percent), and Japan, Canada, the UK and Australia also experiencing decreases of between 35 and 45 percent. In first 9 months of 2021, Vietnam seafood exports hit 6.2 billion USD, up 3 percent year-on-year. Of which, shrimp exports reached 2.76 billion USD, up 2.6 percent, the exports of pangasius and tuna rose by 3.2 percent and 9 percent to 1 billion USD and 520 million USD, respectively. Vietnam seafood exports by the end of 2021 is expected to to be equal to that of 2020, or 8.4 billion USD.
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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