According to tuna processing and exporting enterprises, in 2020, due to the impact of the Covid-19 epidemic, Vietnamese captured marine products continued to subject a yellow card warning issued by the European Commission (EC), so tuna exports from Vietnam faced many difficulties.
However, in the first months of 2021, Vietnam's tuna exports is gradually recovering, especially to the US market is very prosperous.
For example, Thinh Hung Co., Ltd., in Suoi Dau industrial zone (Khanh Hoa) said that, in 2020 the company had their export turnover of tuna being only 70% compared before the Covid-19 pandemic.
However, in early 2021, the company received many orders, thereby they have lifted the purchase prices of tuna by 10-20000VND/kg compared to the months of Covid- 19 in 2020.
Mr. Le Buu Quoc, Head of Raw Material Purchasing Department of Thinh Hung Co., Ltd., said that the tuna orders are relatively recovering compared to before the Covid-19 epidemic. In addition to the European market, the company also received many orders for raw tuna to serve supermarkets in the US, Canada ... However, according to Mr. Quoc, although the company promotes the purchase of tuna domestically, they only meet 2/3 of the output for export orders. Facing the above situation, the business has expanded to import raw tuna materials from countries such as Taiwan, China, Indonesia ... In addition, the price of imported raw materials is also equal to the purchase price of domestic raw materials, but 20% higher than that of 2019.
Similarly, T&H Nha Trang Co., Ltd in Dien Khanh district (Khanh Hoa) is also receiving many orders for tuna export from Europe and America. Regarding this issue, Mr. Huynh Dac Tri, Director of T&H Nha Trang Co., Ltd., said that this time is the peak season of Vietnamese tuna exports to Europe and America.
Despite the impact of the Covid-19 epidemic, businesses that have received orders reaching about 70-80% on average compared to the time before the Covid-19 epidemic, which is a positive sign.
Currently, there are 17 enterprises with 24 processing and exporting factories of tuna, concentrated mainly in Khanh Hoa, Binh Dinh and Phu Yen provinces. Currently, Vietnam exports tuna to more than 100 countries around the world.
In 2020, the total export turnover of tuna reached 648 million USD, of which the US market accounted for 40-41%, the Middle East 15%, the EU 14%, the ASEAN region 5%, Japan 4% and the rest are for other countries.
(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.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
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