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.
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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