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) In the first quarter of this year, Vietnam's shrimp exports reached over 686 million USD, an increase of 14% over the same period in 2023.
Having identified its weakness in 2023, entering the first quarter of 2024, Vietnam's shrimp industry has undergone a clear change, reflected through increases in exports to major markets.
It is necessary to develop more detailed and consistent regulations on seafood production for export in line with the implementation of solutions towards sustainable and responsible fishing practices.
(seafood.vasep.com.vn) After increasing to the highest level in 2022, Canada's tuna imports in 2023 dropped to the lowest level in the past 10 years, reaching 35 thousand tons, down 24% over the year. Canada is currently one of the 15 largest tuna import markets in the world.
(seafood.vasep.com.vn) Chile, one of the countries participating in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), has tended to increase tuna imports from Vietnam in the past 3 years. According to statistics from Vietnam Customs, this South American country imported nearly 3 million USD of tuna products from Vietnam in the first 2 months of 2024, an increase of 58% over the same period in 2023.
Economic and social development activities, overexploitation, pollution, diseases, and climate change have adversely affected the ecological environment, leading to a severe decline or the extinction of many precious indigenous aquatic species.
(seafood.vasep.com.vn) The prices of pangasius fingerlings and raw pangasius in ponds fell in March, following steady increases in the first two months of this year.
(seafood.vasep.com.vn) In February 2024, the average export price of Vietnamese pangasius to markets increased by 4%, although the volume decreased by 40% compared to the previous month.
(seafood.vasep.com.vn) There was a 6% decline in Vietnam's pangasius exports to Brazil in February 2024 compared to the same period in 2023, with the total value reaching 6 million USD.
(vasep.com.vn) In the first two months of 2024, Poland—which ranks as Vietnam's fourth-largest EU supplier of tuna—became a noteworthy market. Vietnam's tuna exports value to Poland increased by 786% in comparison to the same period last year, totaling over $2 million USD and contributing about 2% of the country's overall tuna exports revenue.
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