In the first 7 months of this year, Vietnam's shrimp exports to Russia reached over $27 million, up 87% over the same period last year. In the first 7 months of the year, exports only decreased slightly by 9% in April, the rest of the months had high growth, of which May, May and June grew by 3 digits. From August onwards, due to social distancing to prevent the Covid epidemic, Vietnam's shrimp exports to Russia decreased. In the first half of September 2021, shrimp exports to Russia decreased by 40% over the same period. Accumulated to September 15, 2021, Vietnam's shrimp exports to Russia reached 32.5 million USD, up 51% over the same period last year.
According to data of the World Trade Center (ITC), in the first 7 months of this year, Russia imported shrimp from 25 sources. In which, Vietnam is still the third largest shrimp supplier to Russia, after India and Ecuador. In addition, some other large shrimp suppliers are also focusing on exporting shrimp to the Russian market such as China, Bangladesh, Indonesia, Argentina, Thailand...
Russia's shrimp imports increased continuously from 2016 to 2020 from $214.7 million in 2016 to $320.7 million in 2020. In the five years from 2016-2020, Russia increased shrimp imports from the main suppliers Ecuador, India. India, Vietnam, Argentina while gradually reducing imports from China, Bangladesh, Indonesia, Thailand.
According to ITC, Russia's shrimp imports in the first 7 months of this year reached over 276 million USD, up 82% over the same period. Vietnam ranks third in supplying shrimp to Russia, accounting for 10% of the market share. Russia's shrimp imports from these three sources all grew positively, imports from Ecuador and India increased by 42% and 88% respectively while imports from Vietnam increased by 106%.
Vietnam's shrimp exports to Russia increased from 15.7 million USD in 2017 to 41.1 million USD in 2020, up 162%. As of the first half of September this year, Vietnam's shrimp exports to Russia have reached 32.5 million USD. This shows that Vietnam's shrimp exports to Russia are on a very good growth trend, along with advantages from the Vietnam - Eurasian Economic Union (EAEU) Free Trade Agreement.
Vietnam’s pangasius export to the United Arab Emirates (UAE) reached more than 7 million USD in the first quarter of this year, a rise of 67% against the same period last year. UAE mainly imported frozen fillets from Vietnam.
(seafood.vasep.com.vn) According to data from General Department of Vietnam Customs, the UK imported nearly $3 million worth of pangasius from Vietnam in the first half of March 2024. Cumulative pangasius exports to this market reached $12 million as of March 15, 2024, down 3% from the same period last year.
Total export revenue from agro-forestry-fisheries products in the first three months of this year is estimated at 13.53 billion USD, up 21.8% over the same period last year; and this results in a trade surplus of 3.36 billion USD, a rise of 96.5%, according to the Ministry of Agriculture and Rural Development (MARD).
The southernmost locality is developing shrimp farming models that generate large outputs but are environment-friendly.
(seafood.vasep.com.vn) An Giang province's aquaculture output is predicted to reach 172.3 thousand tons in the first quarter of 2024, up 6.37% (+10.3 thousand tons) from the same time the previous year.
(seafood.vasep.com.vn) According to data from Vietnam Customs, as of March 15, 2024, Vietnam's cephalopod exports reached more than 109 million USD, a slight decrease of 3% compared to the same period in 2023. In the first quarter of this year, Vietnam's cephalopod exports are expected to reach about 136 million USD, down 2% over the same period last year.
(vasep.com.vn) According to statistics from the International Trade Centre (ITC), Portugal is the 6th largest tuna importer in the EU. In 2023, the country's tuna imports from other countries increased by 9% compared to 2022, reaching nearly 241 million USD.
(vasep.com.vn) Vinh Hoan Corporation has just announced supplementary documents for the 2024 Annual General Meeting of Shareholders, scheduled to be held on April 17.
(seafood.vasep.com.vn) Sao Ta Food Joint Stock Company (FIMEX VN) has just announced that in March 2024, finished shrimp output reached 2,000 tons and finished shrimp consumption reached 1,693 tons, an increase of 74%, and 42% over the same period in 2023, respectively.
(seafood.vasep.com.vn) In February 2024, Vietnam pangasius exports to China and Hong Kong decreased by 65% compared to February 2023, reaching 23 million USD.
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