(seafood.vasep.com.vn) By the end of November 2023, Vietnam’s seafood exports reached over 8.2 billion USD, down 20% over the same period in 2022. It is estimated that seafood exports in December reach nearly 800 million USD, equivalent to November, bringing the total seafood exports for 2023 to about 9 billion USD, 17% lower than the record level of nearly 11 billion USD of 2022.

(seafood.vasep.com.vn) VASEP Surimi and Fishmeal Business Club launched on December 22, 2023 in Ho Chi Minh City, stemming from the fact that the increasing number and contribution activities of surimi and fishmeal enterprises in Vietnam’s seafood sector in general development of the global seafood.

(seafood. vasep.com.vn) According to statistics of Korea Customs, Korea's import of frozen fish cakes/surimi in March 2023 reached nearly 9 thousand tons, down 35% compared to the same period in 2022. In the first quarter of 2023, the import turnover of this product group reached nearly 34 thousand tons, a decrease of 4%.

(seafood. vasep.com.vn) According to statistics of Korea Customs, Korea's import of frozen fish cakes/surimi in March 2023 reached nearly 9 thousand tons, down 35% compared to the same period in 2022. In the first quarter of 2023, the import turnover of this product group reached nearly 34 thousand tons, a decrease of 4%.

(seafood.vasep.com.vn) After growing in February 2023, Vietnam's exports of fish cakes and surimi in March reversed and decreased over the same period. The export value of this product group in March only reached 25 million USD, down 28%. In the first 3 months of 2023, the export turnover of fish cakes and surimi was nearly $68 million, down 23%.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, Vietnam's exports of fish cakes and surimi tend to recover in February. The export value of fish cakes and surimi this month reached nearly 23 million USD, up 8%. However, this increase is not enough to offset the decrease in January, so in the first 2 months of 2023, Vietnam's export turnover of fish cakes and surimi still decreased by 21% compared to the same period in 2022, reaching more than 42 million dollars.

(seafood.vasep.com.vn) In Q2/2022, Vietnam's exports of fish cakes and surimi decreased continuously in the first 2 months of the quarter. Export value of fish cakes and surimi of Vietnam in Q2/2022 decreased by 3%, reaching 107 million USD.

(seafood.vasep.com.vn) By the end of November 2021, fish cake, surimi is one of Vietnam's marine products with a high growth rate, up 28% over the same period last year reaching 381 million USD. . In 2020, surimi fish cakes accounted for only 3.9% of seafood export turnover, this year thanks to a strong recovery in the proportion of this product to 4.8%. The Covid epidemic is considered a factor driving the demand for surimi fish cakes in markets.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, Vietnam's exports of fish cakes and surimi grew continuously in the first 5 months of 2021. And by the end of May 2021, exports Vietnam's fish cakes and surimi exports reached 160 million USD, up 37% over the same period in 2020.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, in the first quarter of 2021, Vietnam seafood export reached 1.73 billion USD, up by 7% over the same period last year. In particular, the marine products accounted for a dominant proportion with 42% and an outstanding growth of 11% with a turnover of 728 million USD, surpassing shrimp (661 million USD, up by 5%) and pangasius (331 million USD, up by 3%).

(seafood.vasep.com.vn) In the first six months of 2020, Vietnam exported fish paste and surimi to 31 markets with a value of US$ 140.6 million, down 9.3% over the same period in 2019.

(seafood.vasep.com.vn) In the first eight months of 2019, Vietnamese fish paste and surimi exports reached US $ 213.5 million, up 13.3% over the same period in 2019. Particularly in August 2019, export of this item reached nearly US$31 million, up 0.6%.

(seafood.vasep.com.vn) Japan is the largest surimi consumer in the world, accounting for about 30% of the total surimi import value all over the globe. Import of surimi into Japan has been increasing continuously since 2017 and it is expected that Japan's surimi demand will remain high this year.

(seafood.vasep.com.vn) In 2018, the exports of Vietnamese fish paste and surimi products to the Korean market grew continuously, reaching US$108.6 million, up 32.2%. In the first four months of this year, export of fish paste and surimi to this market increased 1.7% to US$27.7 million. From the No. 1 position in importing fish paste and surimi from Vietnam, Korea ceded the top position to ASEAN and was the second largest surimi importer of Vietnam, accounting for 26% of total surimi export value of Vietnam to markets.

(seafood.vasep.com.vn) By the end of 2018, Vietnam's export of surimi grew well with the export value to major markets growing at double- digits.