Shrimp products exported to the Australian market in the first half of this year are also quite diverse, in which, mainly frozen whiteleg shrimp and black tiger shrimp (HS code 03061721 and 03061722): fresh frozen white leg shrimp PDTO, fresh whiteleg shrimp HLSL (peeled, headless, tail on), fresh/frozen PD black tiger shrimp, slipper lobster meat, and whole slipper lobster. In addition, Vietnam is also exporting dried shrimp products (HS code 03069530) to Australia...
According to the latest statistics of ITC, in the first 5 months of 2021, Vietnam, Thailand, China, Malaysia, and Brunei are the top 5 shrimp supplying markets for the Australian market, in which, Vietnam is the largest market, accounting for 62% of the total value of imported shrimp. Next, Thailand ranked second, accounting for 16%, China ranked third, accounting for 10%.
According to ITC, in the first 5 months of this year, Australia's shrimp imports from Vietnam increased by 93% while imports from Thailand and China decreased by 4% and 31% respectively.
Although the average price of shrimp imported from Vietnam is still higher than that of rival countries from 1 to 2 USD/kg, Vietnamese shrimp are competing very well in this market.
Last year, Australia's shrimp imports were affected by Covid-19, nationwide shrimp consumption dropped sharply due to the social distancing order. However, since the end of 2020 and the first half of this year, many importers, suppliers, and retail distribution channels have adapted to the epidemic to promote business activities again. Many sales methods are being changed in the direction of increased door-to-door delivery, priority for card payments, and physical distancing requirements for direct shoppers. For wholesale products can also be purchased from the system of stores, and restaurant chains, local seafood suppliers accept pre-orders.
Moreover, compared with some countries such as the US, India, and Europe, the Covid-19 epidemic situation in Australia is not too stressful, currently the vaccine is also being promoted by this country for people, so it is expected to export shrimp. to this market from now until the end of the year still growing well.
(seafood.vasep.com.vn) The purchase price of raw pangasius in the first 11 months of 2024 remained at 26,000-27,000 VND/kg. However, farmers faced challenges in earning profits due to rising costs of fish feed, fuel, and labor during the year.
(seafood.vasep.com.vn) Sao Ta Foods Joint Stock Company (FIMEX) recently announced its production and business results for November 2024, showing a 5% year-over-year increase in revenue but a 21% decline compared to the previous month.
(seafood.vasep.com.vn) Soc Trang province underscores the critical role of the fisheries sector in driving its socio-economic development. Located along Vietnam's coastline, the province features 72 km of shoreline, three major estuaries—Dinh An, Tran De, and My Thanh—and a dense river network encompassing diverse ecosystems, including saltwater, brackish, and freshwater. These natural resources provide ideal conditions for the growth of aquaculture, making the fisheries sector a cornerstone of Soc Trang’s economic strategy.
(seafood.vasep.com.vn) In 2024, the pangasius industry in Dong Thap is projected to achieve a production value of VND 8.802 billion, marking a 2.86% increase compared to 2023 and accounting for over 17% of the province's total agricultural, forestry, and fishery production value.
(seafood.vasep.com.vn) Vietnam's tuna exports to Japan have seen robust growth over the past two months. Data from Vietnam Customs shows that in October 2024 alone, tuna exports to Japan surged by 31% year-on-year, reaching nearly USD 3.5 million. This growth has offset the decline experienced in the first half of the year, raising the total export value for the first ten months of 2024 to nearly USD 28 million, a 5% increase compared to the same period last year.
A business forum was held by the Dutch Embassy in Vietnam in collaboration with the Ministry of Agriculture and Rural Development (MARD) in the Mekong Delta city of Can Tho on November 27, seeking ways for sustainable aquaculture in the region.
(seafood.vasep.com.vn) On November 18, Ms. Truong Ha Phuong Anh, Director of the Center for Investment Promotion and Business Support (iPEC), stated that during the Ca Mau Province Agricultural and Aquatic Products Trade Promotion Conference 2024, held on November 15, there were 209 direct trade interactions between 42 seafood processing and exporting enterprises, OCOP producers in the province, and five leading domestic retail companies: Central Retail, Saigon Co.op, Kingfood Mart, Bach Hoa Xanh, and Satra Supermarket.
In 2024, the Binh Dinh Agricultural Extension Center successfully implemented a semi-intensive and intensive two-stage whiteleg shrimp farming model using Semi-Biofloc technology.
(seafood.vasep.com.vn) Recently, the area dedicated to super-intensive, high-density whiteleg shrimp farming in Trà Vinh Province has been rapidly expanding due to its high productivity and economic efficiency.
(seafood.vasep.com.vn) In collaboration with provincial authorities, specialized agencies, and local coastal governments, seafood processing and export enterprises in Binh Dinh Province are actively working to address issues related to illegal, unreported, and unregulated (IUU) fishing. The shared goal is to have the European Union's "yellow card" removed this year.
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