In the first four months of this year, especially since March 2021, the value of shrimp exports to the US market increased sharply by 47-48% over the same period in 2020. Being one of the leading shrimp import markets in the world. The US always attracts a large number of export enterprises. In the first quarter of 2021, there were over 60 Vietnamese shrimp enterprises exporting to the US, in which, 10 large companies accounted for 75% of the total shrimp export turnover of the country. The leader is Soc Trang Seafood Joint Stock Company (STAPIMEX). There are also some other large enterprises such as: Ut Xi, Thong Thuan, Minh Phu Hau Giang.
By the end of April 2021, Vietnam exported to the US many steamed and processed PUD white shrimp products, accounting for nearly 47% shrimp export with an average export price of 10.11 USD/kg. The second largest export product is tempura breaded shrimp, accounting for 16.5%, the average export price is 10.56 USD/kg; Frozen white shrimp (HS code 03061721) accounted for 15%, the average export price was $9.67/kg.
So far, US consumers still prefer processed and value-added shrimp products. In 2020, despite the Covid-19 pandemic, US shrimp imports still increased by 7% over the previous year. According to experts, the US shrimp import trend in the coming years will grow well and stably. By 2027, the shrimp import volume of this country may exceed 1 million tons.
Currently, the deployment of vaccination for the American people is happening rapidly, the production and business activities of this country's enterprises are recovering and stabilizing, it is forecasted that the demand for importing seafood from the US in 2021 will increase. strong. Therefore, this is also a good opportunity that Vietnamese shrimp exporters are taking advantage of to increase exports to the US this year when shrimp production and export of some countries, including India, are facing many difficulties due to Covid.
(seafood.vasep.com.vn) On the evening of December 24, 2024, in Hanoi, the Central Youth Union, Viet nam Youth Federation and the Vietnam Young Entrepreneurs Association held the Vietnam Golden Star Award Ceremony 2024, with the theme "Reaching Vietnam", honoring 200 outstanding enterprises. Deputy Prime Minister Nguyen Hoa Binh attended.
(seafood.vasep.com.vn) In the first ten months of 2024, 448 Vietnamese companies were involved in exporting pangasius to international markets. Vinh Hoan remains the top exporter, holding a 14% share of Vietnam's total pangasius export value.
(seafood.vasep.com.vn) Vietnam's seafood sector is making impressive strides as it nears the end of the year. Aquaculture has maintained steady growth, while fishing activities have recovered thanks to favorable weather conditions.
(seafood.vasep.com.vn) To ensure sustainable shrimp farming and environmental protection, Soc Trang Province emphasizes raising awareness and improving the capacity of shrimp farmers through various forms of communication and by developing and replicating effective models.
(seafood.vasep.com.vn) To achieve the goal of making the province a national hub for high-quality shrimp post-larvae production and producing 50 billion shrimp post-larvae by 2025, Ninh Thuan has focused on implementing a comprehensive set of measures.
(seafood.vasep.com.vn) The seafood processing company Kyokuyo has just opened a seafood processing plant in Vietnam to reduce its reliance on China. In Japan, Kyokuyo ranks as the third-largest seafood producer, following Maruha Nichiro and Nissui.
(seafood.vasep.com.vn) Vietnam's total fishery production in the first 10 months of 2024 is estimated at 7,889.8 thousand tons, a 2.5% increase compared to the same period last year. Aquaculture contributed approximately 4,612.5 thousand tons, while capture fisheries accounted for 3,277.3 thousand tons.
(seafood.vasep.com.vn) Ms. To Thi Tuong Lan, Deputy Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP), forecasts that pangasius export turnover could reach the target of USD2 billion in 2024. However, the industry will still face numerous challenges in the coming year.
(seafood.vasep.com.vn) Vinh Hoan Corporation has recently announced its business results for October, reporting over VND 1,200 billion in revenue, a 60% increase compared to the same period last year.
(seafood.vasep.com.vn) According to statistics from Vietnam Customs, Vietnam's tuna exports in October reached nearly $93 million, marking a 22% increase compared to the same period in 2023. In the first ten months of 2024, the total export value exceeded $821 million, up 18% compared to the same period last year.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
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