Thailand: This is the largest importer of Vietnam pangasius in ASEAN. The growth in export value to this market in the first half of 2019 was quite good. Particularly in May, 2019, pangasius export value to Thailand reached US$6.5 million, up 35.5% over the same period in 2018. By the end of May 2019, the export value reached US$32.5 million, an increase of 9.2% compared to same period in 2018. During the period, white fish imports of Thailand kept at a good growth rate and be positive, in which the value of imported pangasius accounted for the highest propotion, from 40-90% of the total value of imported white fish of Thailand. In the first half of 2019, seafood import of Thailand continued to increase strongly, in which, white fish imports accounted for an increasing proportion in the structure of frozen seafood imports of this country.
Philippines: The Philippines is an emerging market in ASEAN for the past two years 2018-2019 when the export value has grown positively for many months. By the end of May 2019, the total export value of pangasius to this market reached US$19 million, up 25% compared to the same period in 2018. Currently, Vietnam is the largest supplier and is the only market for white fish, including pangasius for the Philippines. Because the Philippines's natural conditions are less favorable than other countries in the region, they, therefore, has to import more farmed seafood in recent years. In 2018, for the first time, Vietnam organized the Vietnam Rice and Pangasius Promotion Festival in the Philippines. Through this festival, there are many consumers and businesses of this country know about Vietnam's key agricultural products such as pangasius.
Malaysia: As of the end of May, 2019, export value of pangasius to Malaysia reached US$18.8, up 47.3% over the same period in 2018. This is also a market that is expected to prospect in the future. Yet, this is also a specific market with high proportion of Islam followers. Having said that, compared to the Philippines, Malaysia is a more diverse and open market with white fish products. Apart from Vietnam, Malaysia also imported white fish from China, America, the UK, France ... However, Vietnam is still the largest supplier of white fish, including pangasius. Therefore, in the coming time, there are many opportunities for Vietnamese pangasius enterprises to increase their export proportion in this market.
(seafood.vasep.com.vn) The US remains Vietnam’s largest single market for shrimp imports, accounting for 20% of Vietnam's total shrimp exports globally. As of October 15th, 2024, Vietnamese shrimp exports to the US reached nearly 600 million dollas, marking a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) According to Vietnam Customs, pangasius exports to Canada reached over 1 million USD in the first half of October 2024, a 33% decrease compared to the same period last year. However, by October 15, 2024, total pangasius exports to Canada had reached 32 million USD, reflecting a 10% increase compared to the same period in 2023.
(seafood.vasep.com.vn) Cà Mau is accelerating its digital transformation, developing green industries, and promoting high-tech processing of agricultural and aquatic products, with a focus on sustainable economic growth and environmental protection.
(seafood.vasep.com.vn) The Dong Thap Pangasius Festival 2024, themed 'Dong Thap Pangasius: Green Journey - Green Value', will take place on November 16-17 in Hong Ngu City.
The positive business momentum in the domestic seafood sector could last into the first half of 2025, according to experts.
(seafood.vasep.com.vn) In the first three quarters of 2024, brackish water shrimp production exceeded 1.1 million tons, with export revenue reaching $2.8 billion. The seafood industry has set a target of $4 billion for shrimp exports for the entire year.
While the price of 1 kg of shrimp hovers around 20 USD, the value of 1 kg of chitosan—extracted from shrimp—can soar to 500 USD. This highlights a significant challenge within the seafood processing industry.
(seafood.vasep.com.vn) By October, Vietnam's shrimp exports had generated nearly $3 billion, reflecting an increase of over 10% compared to the same period last year. Shrimp remains the leading commodity contributing to the export turnover of the entire seafood industry.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX VN - HoSE: FMC) concluded Q3/2024 with significant growth in revenue. Specifically, Sao Ta Food recorded revenue of VND 2,845 billion, a 58.6% increase year-on-year. The company's profit after tax reached VND 95 billion, up 6.2%.
VASEP's Seafood Export Report for the third quarter of 2024 provides a comprehensive overview of Vietnam's seafood export performance in the first nine months, with impressive results reaching $7.2 billion—an increase of 9% over the same period last year. In the third quarter alone, seafood exports grew by 15%, totaling $2.8 billion. This growth is attributed to a recovery in demand and prices in key markets such as the U.S. and China, as well as the competitive advantage of value-added products in markets like Japan and Australia.
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
Trụ sở: Số 7 đường Nguyễn Quý Cảnh, Phường An Phú, Quận 2, Tp.Hồ Chí Minh
Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn