Since 2007, EU has surpassed Japan to become the largest importer of Vietnam seafood with fast and stable growth. In 2011, EU took the lead in seafood importing from Vietnam with 21.8 percent of the market share, followed by the U.S. with 19.3 percent and Japan with 16.4 percent.
In the first three months of 2012, seafood exports reached over US$1.3 billion in which EU was still the largest seafood importer of Vietnam with US$260 million, representing a 7.9 percent reduction from that of the same period of 2011.
Vietnam supplies a variety of seafood products for EU in which pangasius is the main exported item. Pangasius export volume to EU was stable, however, the export price tended to be increasingly low.
In contrast, shrimp shipment to EU showed a positive sign in two recent years and was expected to rocket in the upcoming years. In 2011, shrimp exports to EU was up 20.3 percent over 2010, bringing Vietnam to rank the fifth in top shrimp exporters to EU with the growth of 6.1 percent in market share of 2010 to 7.5 percent of 2011.
Pangasius is an advantage of Vietnam seafood exports while it is more and more popular with EU consumers. Boosting pangasius exports to EU will bring mutual benefit, Mr. Struan Stevenson - Senior Vice President of the European Parliament Fisheries Committee said.
In 2011 alone, Vietnam delivered 600,000 MT of pangasius to EU and average annual growth in seafood exports to EU was 30 percent. Vietnam seafood has succeeded in getting a foothold in EU market, Stevenson concluded.
Despite European debt crisis, the food industries in the region are standing firmly. ESE 2012 attracted over 1,600 seafood companies from 80 countries all over the world which were decorated impressively in the area of 34,000 square meters. At 2012 ESE, Vietnam enterprises have nearly 40 booths with nice and professional decoration and they are among the largest booths in the Exposition.
In 2012, despite instable financial situation in many countries, VASEP still focused on improving its images in ESE 2012. This year, Vietnam seafood enterprises were more active in preparing as well as bringing new seafood products to the Exposition.
Vietnam seafood exports are affected by European credit tightening. Seafood enterprises are waiting for banks’ credit loosening for loans to reinvest and stabilize their business in the EU market.
According to Vietnam Customs, the export of value-added pangasius in the first eight months of 2024 has been evaluated as quite positive, with continuous growth in many major markets such as the United States, CPTPP, and the Netherlands...
(seafood.vasep.com.vn) The Department of Fisheries of Ca Mau province coordinated with the School of Fisheries under Can Tho University to organize training courses on high-tech shrimp farming for 120 people in processors, cooperatives and families that are raising intensive and super-intensive shrimp in the province.
(seafood.vasep.com.vn) Currently, Soc Trang province plans to expand its shrimp farming area from over 50,000 hectares to 57,000 hectares by 2025, aiming for a production of 233,800 tons and maintaining a $1 billion export value. The project will establish 45 climate-resilient shrimp farming models and ensure all farms meet aquaculture standards for traceability.
(seafood.vasep.com.vn) In July 2024, Vietnam's fish cake and surimi exports declined. The export value reached just over 24 million USD, down 3% over the same period. In the first 7 months of 2024, the cumulative export of this product group reached 152 million USD, down 13%.
(seafood.vasep.com.vn) Dong Thap is a key region for pangasius farming, boasting the largest production in the Mekong Delta. In the first seven months of 2024, the estimated aquaculture area reached 4,778 hectares, with a harvest yield of 307,336 tons. Of this, the intensive pangasius farming area covered 2,042 hectares, with a harvest of 252,670 tons.
(seafood.vasep.com.vn) According to Vietnam Customs, in the first half of August 2024, Vietnam's pangasius exports to the EU reached nearly 8 million USD, up 57% over the same period. Cumulative pangasius exports to this market as of August 15, 2024, reached 107 million USD, up 0.5% over the same period last year.
(seafood.vasep.com.vn) The Board of Directors of International Development & Investment Corporation (IDI) is confident of completing this year's profit plan in the context of gradually recovering demand for pangasius in China and Mexico.
(seafood.vasep.com.vn) Some farmers in Soc Trang province have successfully applied a balanced biological shrimp farming technique, which eliminates the use of chemicals to minimize environmental impacts. This is a model of farming that adapts to climate change.
8 finalists have been named in the best new seafood product competition to be awarded at Seafood Expo Asia, taking place 4 to 6 September at the Sands Expo and Convention Centre in Singapore.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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