Quang Ninh replaces foam aquaculture floats to protect environment
08:49 02/19/2024

(seafood.vasep.com.vn) Due to the wastewater release, Chinese people are hesitant to consume even domestically caught seafood in some waters near Japan. Therefore, the import demand of seafood in China will increase, including Vietnam.

(seafood.vasep.com.vn) On August 24, at the International Pangasius Outlook Forum held by the Vietnam Association of Seafood Exporters and Producers (VASEP) in Ho Chi Minh City, the speakers said that there is still significant potential for Vietnamese pangasius enterprises to export to densely populated markets with affordable income levels.

(seafood.vasep.com.vn) According to data from Vietnam Customs, Vietnam's shrimp exports to China & HK in the first half of this year reached US$280 million, down 16% over the same period. June is the first month since the beginning of this year Vietnam's shrimp exports to China & HK recorded an increase over the same period last year, up 16% to US$67 million. Since March of this year, the monthly rate of decline has also narrowed.

(seafood.vasep.com.vn) Vietnam's seafood export turnover in the second quarter of 2023 reached over 2.3 billion USD, 30% higher than the first quarter. However, compared to the same period in 2022, the negative growth rate of 27.5% remained unchanged from the first quarter. Therefore, by the end of the first half of this year, seafood exports were 27.5% lower than the same period last year, reaching 4.15 billion USD. While exports to most markets such as the US and EU decreased significantly (down 46% and 33% respectively), exports to the CPTPP bloc still had more positive results.

(seafood.vasep.com.vn) In the first 6 months of 2023, Vietnam's shrimp exports reached 1.5 billion USD, down 32% over the same period. Market demand, raw shrimp prices and export prices all went down, inflation increased, and strong competition with other suppliers made Vietnam's shrimp exports difficult in the first half of 2023. Shrimp farmers and businesses are still expecting more positive signals for shrimp production and export activities in the second half of this year.

(seafood.vasep.com.vn) Vietnam's pangasius exports in June 2023 reached 143 million USD, down 33% over the same period last year.

(seafood.vasep.com.vn) After a decline in April 2023, Vietnam's tuna exports to the EU increased again in May, up 15% over the same period in 2022. However, this increase can not compensate for losses in the previous months. Therefore, Vietnam's tuna exports in the first 5 months of 2023 still decreased slightly by 4% compared to the same period last year.

(seafood.vasep.com.vn) According to data from Vietnam Customs, as of June 15, 2023, Vietnam's shrimp exports to the US reached 257 million USD, down 41% over the same period in 2022.

(seafood.vasep.com.vn) Vietnam's cephalopod exports in the first 5 months of 2023 amounted to over 240 million USD, reflecting a 13% decline compared to the corresponding period last year. In May 2023 alone, the export value for this product reached 52 million USD, showing a decrease of 18% over the same period.

(seafood.vasep.com.vn) In the first 5 months of 2023, Vietnam’s shrimp export turnover reached 1.2 billion USD, down 34% over the same period last year. In May alone, the export value reached 331 million USD, down 28%.

(seafood.vasep.com.vn) Looking at the seafood export value month by month from the beginning of the year, it’s clear that there is a gradual recovery, the next month is higher than the previous month. However, accumulated in the first 6 months, Vietnam's seafood export is still 27% lower than the same period last year, reaching nearly 4.2 billion USD.

(seafood.vasep.com.vn) At the 2023 General Meeting of Members and the 25th anniversary of the establishment of VASEP held on June 12, 2023, Mr. Do Ngoc Tai - Vice Chairman of VASEP, Chairman of Shrimp Committee - Director of Tai Kim Anh Seafood JSC gave a presentation on the situation of shrimp exports in the last 6 months of 2023.

(seafood.vasep.com.vn) Vietnam's seafood exports to the US in the first 5 months of 2023 decreased by nearly half compared to the same period in 2022, reaching 563 million USD. All major products experienced a sharp decline of 30-60%. Exports of shrimp and pangasius fell the most, 42% and 62% lower than the same period last year.

(seafood.vasep.com.vn) By the end of April 2023, Vietnam's pangasius export turnover to the EU reached 60 million USD, down 8% over the same period in 2022, up 70% over the same period in 2021 and accounting for 11% of Vietnam's pangasius exports. In April 2023, pangasius exports to this market reached 15 million USD, down 21% compared to the previous month and down 18% compared to the same period last year.

(seafood.vasep.com.vn)) June 12, 2023 marks the 25th anniversary of the establishment of the Vietnam Association of Seafood Exporters and Producers (VASEP). The continuous development journey for 25 years has been recognized and appreciated by the business community, Ministries and Government agencies.