Which trend for Vietnamese seafood export in 2013?

News 08:52 30/01/2013 501
(vasep.com.vn) In 2012, Vietnam seafood export reached US$6.134 billion, up 0.3 percent from that of 2011. The result in 2012 marked the hard work and big efforts of all players in the context of persistent internal difficulties and challenges in global markets.

Lack of capital for farming and processing to export, lower export price in main importing markets, uncertain supply and weak control of quality of products were the main factors for a slide of 3.4 percent in Vietnam pangasius export with US$1.74 billion.

Early Mortality Syndrome (EMS) on shrimp, rising production cost and higher price of raw material, weak demand from global market and Ethoxyquin unfair barriers affected to shrimp industry, pushing shrimp export down by 6.6 percent to USS$2.25 billion compared to US$ 2.4 billion in 2011.

Meanwhile, exports of marine products remained positive growth as the country ensured raw material for processing from higher domestic catching and import. Marine product export reached US$2.25 billion mainly thanks to growth of 50 percent in tuna trading and 21 percent in sales of other marine fish, fish paste and surimi products.

Which trend for Vietnamese seafood export in 2013? Whether the industry could reach the best result of US$6.4 billion of export value? Will the persistent difficulties like lack of capital, raw material, trade barriers be relieved?

What if the fishery industry gets the worst scenario? This will reveal a gloomy perspective or an opportunity for a restructure of Vietnam fishery industry, tending to sustainable development in production and export?

VASEP’s Report on Vietnam seafood export in 2012 has detailed analyses and remarks on seafood export in 2012 and its trend in 2013. We are delighted to present our newest report and welcome all your feedback, suggestions and comments.

Please send your feedback to Ms. Le Hang (Email: lehang@vasep.com.vn;

Tel: 043 7719016/ ext: 204; Mobile:  0982 195872)

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