(vasep.com.vn) In first 9 months of 2014, Vietnam seafood was sold to 166 markets in the world. The U.S., EU. China, South Korea raised their proportion out of the country’s total seafood sales while exports to Japan and other markets contracted.
The U.S.
- It’’s the largest importer of Vietnam seafood. U.S. made up 22.5 percent of Vietnam’s total seafood exports, 28 percent of shrimp sales, 20.5 percent of pangasius exports with, 35.5 percent of tuna exports from Vietnam
- Vietnam seafood exports to the U.S. reached US$1.3 billion, up 23 percent in which shrimp sales made up 63 percent, pangasius with 18 percent, tuna with 9.8 percent, cephalopod with 7.1 percent.
- Shrimp sales to the U.S represented the highest growth of 51 percent to hit US$821 million while pangasius exports to the market downed 17 percent with the value of US$241 million, tuna sales were US$128 million, down 13 percent.
- Slide in Vietnam shrimp sales to the U.S. in August and September (down 2.3 percent and 22.8 percent, respectively) was due to pressure from results of the eighth antidumping duty administrative review (POR8)
EU
- It’s ranked the second position in importing seafood from Vietnam. EU made up 18.2 percent of Vietnam seafood exports; 16.9 percent of shrimp; 20.4 percent of pangasius exports, 27.7 percent of tuna exports and 17 percent of cephalopod.
- Vietnam seafood exports to EU reached US$1 billion, up 27 percent in which shrimp sales made up 47 percent, pangasius exports took 25 percent, tuna with 9.5 percent, cephalopod with 9.8 percent.
- Shrimp sales was the main momentum to create the continuous growth in total seafood exports of each month to the market. Shrimp exports to EU were boosted thanks to rising demand and decline in exports of competitors.
- Shrimp shipment to EU up 88 percent, cephalopod up 15 percent while pangasius down 8.4 percent, tuna down 4 percent.
Japan
- Japan is the third largest market. Japan made up 14.9 percent of Vietnam’s total seafood exports, shrimp with 18 percent, cephalopod with 23 percent and surimi with 12 percent.
- In Jan-Sep 2014, Vietnam seafood sales to Japan touched US$863 million, up 5.6 percent year on year. Shrimp exports to the market up 6.5 percent, tuna down 49 percent and cephalopod down 5.4 percent.
- Shrimp sales in QII/2014 fell resulted from inspection decisions on antibiotic oxytetracycline (OTC). However, exports of the item began to recover in August and September thanks to high demand for Christmas and New Year holiday.
- Tuna exports to Japan remained the drastic reduction due to its strict requirements on the quality of tuna.
China & Hong Kong
- It is the third largest single market of Vietnam seafood after the U.S. and EU. China made up 8.3 percent of Vietnam’s seafood exports, shrimp with 11.2 percent, cephalopod with 5 percent, surimi with 15.5 percent, crab with 3.6 percent.
- Out of Vietnam’s total seafood exports to China, shrimp accounted for 73 percent with the sales of US$328 million, up 28 percent; pangasius with 17 percent; mollusk 4 percent; other marine finfish with 9.6 percent. Shrimp exports dominated the trend of seafood exports to the market.
- Seafood exports to the market in June and July 2014 slowed down because of East Sea tensions affecting to attitude of exporters and importers of two countries. Exports in August and September reported the positive growth of 13-108 percent.
South Korea
- Vietnam seafood exports to South Korea reached US$475 million. Korea made up 8.2 percent of Vietnam’s total seafood exports; shrimp with 7.9 percent, cephalopod with 34.8 percent, surimi with 32.4 percent.
- Among Vietnam’s total seafood exports to Korea, shrimp sales took the highest proportion of 49 percent; cephalopod with 26 percent, marine finfish with 24 percent.
- Sales of these three main items reported the growth in Jan-Sep 2014: Shrimp up 85 percent, cephalopod with 32 percent, marine finfish with 8 percent. As a result, total seafood exports to the market saw high and continuous growth in each month.
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