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) 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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