(seafood.vasep.com.vn) Exports of Vietnamese tuna to China were not positive in 2022. The export value to this market reached nearly $8.5 million, down 11% compared to 2021. However, entering 2023, export to this market is very promising.

(seafood.vasep.com.vn) To help Vietnamese shrimp brands make a mark on the international market is still a big goal for the whole industry. Vietnam's shrimp industry has many opportunities for growth, but also countless challenges. One of the big challenges is chain linkage, closing the entire production process to control the quality of output products. This is the key to improving the value of Vietnamese shrimp exports to demanding markets.

(seafood.vasep.com) Although negative growth is inevitable in the general decline trend of Vietnam's seafood exports, the export value of cephalopods recorded a slighter decrease compared to other key export seafood products.

(seafood.vasep.com.vn) The average price of Vietnamese pangasius exports to the Chinese market decreased by 10% over the same period last year, from $2.42/kg in 2022 to $2.19/kg. The two main product lines exported to China are frozen pangasius fillets and cuts (HS code 0304) accounting for 68% of the value with more than 91 million USD, down 32% over the same period last year and fresh pangasius/ frozen/dried whole, cut into pieces (except fish under code 0304) accounted for 32% with nearly 42 million USD, up 7% over the same period in 2022.

(seafood.vasep.com.vn) Statistics from China Customs show that the country's seafood import demand is recovering strongly after opening in early 2023. However, Vietnam's seafood exports to this market have not recovered yet. This can be explained by market factors as well as internal reasons.

(seafood.vasep.com.vn) According to statistics of Vietnam Customs, in the first quarter of 2023, Vietnam's pangasius exports to China and Hong Kong markets decreased by 22% to nearly 143 million USD. In which, pangasius exports to China reached 133 million USD, down 23% over the same period last year. Despite the decline, China still ranks first in the top markets for importing Vietnamese pangasius.

(seafood.vasep.com.vn) Recently, the Vietnamese delegation coordinated by the Vietnam Association of Seafood Exporters and Producers (VASEP) directly participated in the 2023 Seafood Expo Global 2023 in Barcelona, Spain

(seafood.vasep.com.vn) In the first quarter of 2023, Vietnam’s pangasius exports brought in $422 million, a decrease of 35% over the same period last year. Global food inflation along with high inventories has caused a fall in demand and import prices, which has negatively affected export sales of Vietnamese pangasius in many major markets.

(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) On April 25, 2023, the 29th Seafood Expo Global was held at Fira Gran Via, Barcelona, Spain. This is one of the largest Seafood Trade Fairs in Europe and the world.

(seafood.vasep.com.vn) Over 1.8 billion USD and negative growth of 27% in the first quarter of 2023, showing that the situation of the seafood market is more difficult than expected. The picture of seafood exports may gradually brighten in the second quarter and is expected to recover better from the third quarter when the Chinese market has a clearer improvement and seafood enterprises have adjusted their product structure and markets to adapt to the context of 2023.

(vasep.com.vn) In the first quarter of this year, Vietnam's pangasius exports brought in $422 million, down 35% over the same period last year. Global food inflation, coupled with a large inventory, caused demand and import prices to decrease, which had a negative impact on export sales of Vietnamese pangasius in many major markets.

(seafood.vasep.com.vn) Vietnam's crab exports continued to decline in March 2023. Export value this month reached 11 million USD, down 37% over the same period. The total value of crab exports in the first 3 months of the year was nearly 30 million USD, 42% lower than the same period in 2022. This decline is due to inflation still causing the demand for crabs to decrease in most of the main markets.

(seafood. vasep.com.vn) In February 2023, Vietnam's tuna exports to the UK suddenly increased more than 13 times over the same period, reaching 971 thousand USD. This positive result offset the decrease in January and brought the total export turnover in the first two months of 2023 to more than $1.3 million, nearly 3 times higher than the same period in 2022. The UK is currently the 15th largest single tuna import market of Vietnam.

(seafood.vasep.com.vn) Seafood Expo Global – The Global Seafood Expo is one of the largest Seafood Trade Fairs in Europe and the World. The exhibition attracts more than 1,550 exhibitors from more than 76 countries around the world with the exhibition space of nearly 40,000 square meters. This year's fair will be held from April 25 to 27, 2023 in Barcelona, Spain.