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 return of Donald Trump to the White House for a second term will bring significant impacts on Vietnam, particularly its pangasius export sector. Trump's economic policies, such as raising import tariffs, reducing corporate income taxes, and attracting foreign direct investment (FDI) back to the US, are expected to directly influence various industries in Vietnam.
(seafood.vasep.com.vn) The UAE ranked 16th among importers of Vietnamese shrimp from 2018 to 2022, accounting for approximately 0.5% of Vietnam's total shrimp export value. Annually, Vietnam exported around US$20 million worth of shrimp to this market.
(seafood.vasep.com.vn) The company also announced that its farms are well-prepared and will begin stocking in mid-November when the weather conditions are favorable.
(seafood.vasep.com.vn) To maximize natural advantages and increase the value of local aquatic products, Ca Mau province is promoting the ecological shrimp farming model under mangrove forests. This model not only brings high profits to people thanks to businesses committing to purchasing products at prices 10-20% higher than the market price but also aims for sustainable development and environmental friendliness.
(seafood.vasep.com.vn) The Comprehensive Economic Partnership Agreement (CEPA) between Vietnam and the United Arab Emirates (UAE) was signed after just over a year of negotiations. With high demand for premium seafood in the UAE, particularly for shrimp and tuna products, Vietnam’s tuna industry is expected to gain increased export opportunities and higher product value thanks to the preferential terms of the CEPA.
(seafood.vasep.com.vn) In October 2024, seafood exports from Vietnam are estimated to exceed $1 billion, marking a 28% increase compared to the same period last year. This achievement signifies the first return to the $1 billion milestone in 27 months, since June 2022, providing a significant boost for Vietnamese seafood enterprises.
(seafood.vasep.com.vn) Under the theme "Dong Thap Pangasius: Green Journey - Green Value," the Dong Thap Pangasius Festival 2024 will take place over two days, November 16th and 17th, at Vo Nguyen Giap Square in Hong Ngu City.
(seafood.vasep.com.vn) The Department of Agriculture and Rural Development of Kien Giang has announced a plan to stabilize the biosafety rice-shrimp production area at 117,340 hectares by 2030.
(seafood.vasep.com.vn) According to the Department of Fisheries in Ca Mau, the total aquatic product output in the region is estimated at 536,140 tons as of October 17, achieving 82.23% of the annual plan and marking a 1.74% increase compared to the same period last year. Within this total, shrimp production stands at 208,495 tons, reaching 82.41% of the planned target and showing a 2.23% increase year-over-year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius exports to Iraq have surged significantly in the first nine months of 2024, marking the highest levels seen in three years. This upward trend has positioned Iraq as a key market for Vietnamese pangasius, even surpassing Iran, traditionally regarded as a gateway for trade between Vietnam and the Middle East.
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