After Resolution 128, localities have adapted to flexible and effective epidemic control, whereby aquaculture production in general and shrimp processing production in particular have gradually recovered, especially at the end of the pandemic. year, when the demand from all markets increases, import prices also tend to increase.
Shrimp exports in November increased by 11%, estimated at nearly $350 million, according to which shrimp exports by the end of November reached over $3.5 billion, up nearly 3% over the same period.
Pangasius exports also had a positive signal with an increase of 23% in November to about USD 178 million. Accumulated pangasius exports by the end of November reached nearly $1.4 billion, up 2.5% over the same period last year.
Tuna and cephalopod exports are recovering strongly with growth of 48% and 37% respectively in November, estimated at $76 million and $69 million, respectively. By the end of November 2021, tuna exports reached 670 million USD, up 13%, squid and octopus exports increased 7% to 543 million USD.
As of the end of November, exports to the US still had the strongest growth with nearly 1.87 billion USD, up 26%, exports to the EU are also recovering positively with a 10% increase to reach 957 million USD, to South Korea increased slightly 2.7% reached 717 million USD. However, exports to China still fell 22% to 1 billion USD, to CPTPP countries reached nearly 2 billion USD, down slightly by 1.5%.
Although the Covid-19 situation still affects production capacity and efficiency, in the new situation, businesses are making efforts to both fight the epidemic and boost production to take advantage of the increasing market demand. Therefore, seafood exports in the last month of the year will continue to recover like today.
(seafood.vasep.com.vn) Vietnam's tuna exports reached around $84 million in March 2024, a 17% rise. Vietnam's total tuna export revenue for the first three months of 2024 was $215 million, up 19% from the same time in 2023 but down 17% from 2022. It is anticipated that tuna exports may miss the billion-dollar mark as in 2022 at this rate and the difficulties the business faces.
Vietnam raked in over US$200 million from exporting tuna to 86 markets worldwide during the first quarter of the year, representing a rise of 19% against the same period from last year.
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.
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