Up to now, Spain is still the leading country in Europe in terms of production, consumption, import, and export of frozen seafood. This is also the gateway and "big fish market" connecting many markets in this area.
In the first quarter of 2022, after more than 3 years of dismal pangasius exports to this market, the export value increased by 67.5%, reaching nearly $4.9 million. Up to now, Spain is the 4th largest export market in the EU for Vietnamese pangasius enterprises.
In the first three months of this year, there were about 20 Vietnamese pangasius enterprises exporting to Spain, the largest of which were C.P Vietnam Joint Stock Company (in Ben Tre), NAVICO, and HAPPY CORP.
Last month, Spain proposed sanctions against Russia after the outbreak of hostilities in Ukraine such as not importing white fish from Russia, and banning Russian fishing boats from docking in Spanish ports and ports of other member countries of EU.
Spain's move to "make it difficult for whitefish products" from Russia also poses many difficulties to their own businesses because many Russian and Spanish workers working on fishing boats in Russian waters have to unload goods outside of Spain and the EU.
The EU's whitefish fishing industry is also facing other difficulties such as fuel oil prices increasing by more than 7%, plus an increase of more than 100% over the last two years due to the pandemic; lack of cargo containers due to ships having to transport outside the war region.
Spain is the fishing center of Europe and is a large "market" in this area, so its trading in seafood products such as squid, octopus, shrimp, crab... (belonging to HS 0307 and 0306) is very dynamic. This country is also a major exporter and importer of seafood products in this region.
Currently, the whitefish importers of Spain and the EU are facing difficulties due to inflation and rising prices of seafood and aquafeed. Cod products and Russian Alaska pollock are in short supply. Therefore, at the upcoming Global Seafood Expo 2022 in Barcelona, Vietnamese pangasius enterprises look forward to having more orders from these importers. The EU in general and Spain, in particular, are considering solutions to solve the problem of food security, so it is possible to find more customers and sign new contracts.
Compiled by Minh Trang
Image source: Seafood Expo Global
With Tet (Lunar New Year) approaching, fishermen along Vietnam's central coast are capitalizing on favourable weather conditions to intensify their fishing efforts, meeting the burgeoning demand for seafood across the nation.
(seafood.vasep.com.vn) Shrimp exports in 2024 reached nearly USD 4 billion, a 14% increase compared to 2023. Reflecting on 2024, the shrimp industry demonstrated resilience and persistent effort in overcoming challenges, solidifying its strong position in exports.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (ticker symbol FMC - HoSE), one of Vietnam's largest shrimp exporters, recently announced its 2024 business results.
(seafood.vasep.com.vn) The United States remains one of the largest importers and consumers of Vietnamese pangasius, primarily in the form of frozen fillets. However, in recent years, the country has significantly increased its imports of value-added pangasius products.
(seafood.vasep.com.vn) After reaching a peak of nearly USD 6 million in June 2024, the export value of Vietnamese tuna to Italy has stagnated and continuously declined in the last five months of the year. Cumulatively, by December 15, 2024, export turnover to this market decreased by 18% compared to the same period in 2023, reaching over USD 30 million. With this decline, Italy is no longer Vietnam's largest tuna import market within the EU bloc.
The Mekong Delta province of Tien Giang, with its 32-km coastline, is well-positioned to develop a thriving seafood industry. Recognising the importance of sustainable offshore fishing, local authorities have implemented policies to modernise the fishing fleet and support operations in offshore waters.
(seafood.vasep.com.vn) On the evening of December 23, 2024, in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) held a ceremony to celebrate the seafood export milestone of 10 billion USD, with hopes for continued growth in 2025. The event was attended by Deputy Minister of Agriculture and Rural Development Phung Duc Tien, Deputy Minister of Foreign Affairs Nguyen Minh Hang, and representatives from various ministries, as well as domestic and international partners.
(seafood.vasep.com.vn) With a market share exceeding 10% in Vietnam's aquafeed sector, Sao Mai Super Feed has affirmed its position as one of the leading brands, making a significant contribution to the development of the pangasius industry and elevating Vietnamese pangasius products on the international stage.
Secretary General of the Vietnam Association of Seafood Exporters and Producers (VASEP) Nguyen Hoai Nam said that in the past 5-6 years, Vietnam's seafood export value has only hovered around 8-10 billion USD/year. To reach the value of 16 billion USD by 2030, Mr. Nam proposed establishing corporations/enterprises to exploit the sea.
(seafood.vasep.com.vn) Vinh Hoan Seafood (stock code VHC) announced that its export turnover to three key markets— the U.S., EU, and China—grew between 32% and 40% in November 2024 compared to the same period in 2023.
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
