C.P. Vietnam Livestock JSC said that it has cooperated with more than 2,500 livestock and aquatic farms across Vietnam.

More challenges are expected for Vietnam’s aquaculture exports in 2024, according to Tran Dinh Luan, General Director of the Department of Fisheries under the Ministry of Agriculture and Rural Development.

Despite its availability in over 150 countries, Vietnam's shrimp industry is grappling with fierce competition from global counterparts, prompting the proactive application of technology and strategic planning as the sector is making endeavors to carve out its unique path forward.

Vietnamese businesses should make greater efforts to tap the potential of seafood exports to Switzerland, a trade official said.

(seafood.vasep.com.vn) In 2023, Vietnam's pangasius exports reached 1.8 billion USD, down 25% compared to 2022. In 2023, Vietnam's pangasius exports faced many difficulties because demand declined, especially in the European and Chinese markets. However, in the last months of 2023, exports recorded positive growth, which is a positive signal for the industry in 2024.

(seafood.vasep.com.vn) Vietnam's tuna industry closes in 2023 with a slight growth in the last month of the year, up 7% over the same period in 2022, reaching 73 million USD. Thus, for the whole year 2023, Vietnam's tuna industry had earned 845 million USD, down 17% compared to 2022.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnamese pangasius exports in 2023 have reached more than 1.8 billion USD, down 25% compared to 2022.

(seafood.vasep.com.vn) By the end of 2023, Vietnam's shrimp exports reached 3.4 billion USD, down 21% compared to 2022. The decrease in export figures reflects a year of challenges for Vietnam's shrimp industry.

(seafood.vasep.com.vn) In 2023, Vietnam's cephalopod exports reached 660 million USD, down 13% compared to 2022. Despite of negative growth, cephalopod exports recorded a slighter decrease compared to other key export seafood products.

(seafood.vasep.com.vn) In 2023, the world imported nearly 1.8 billion USD of pangasius from Vietnam, down 26% over the same period in 2022.

(seafood.vasep.com.vn) The pangasius market in China is warming up as distributors are switching to stock up, instead of releasing inventories as before.

(seafood.vasep.com.vn) Continuing the growth momentum in September, Vietnam's tuna exports to Canada grew continuously in the last months of the year. In November 2023 alone, the value of tuna exports to Canada increased by 117% of proportion. This figure has contributed to raising the total export value in the first 11 months of 2023 to nearly 31 million USD, down 37% of proportion compared to the same period in 2022.

(seafood.vasep.com.vn) In 2023, Vietnam's fish paste and surimi export turnover was estimated at 303 million USD, down 27% compared to 2022. In the past five years, Vietnam's fish paste and surimi industry earned from 300-420 million USD each year, including surimi from marine fish and pangasius, accounting for 4%-5% of the country's total seafood exports.

(seafood.vasep.com.vn) In 2023, canned tuna became the most exported product to the EU for the first time. Export turnover of this product group accounts for more than 40% of total export turnover to this market, estimated at about 71 million USD, up 28% from 2022.

(seafood.vasep.com.vn) Brazil is the third largest market consumer of Vietnam’s pangasius. For many years, Vietnam has been a supplier of white fish (mainly pangasius) to Brazil.