(seafood.vasep.com.vn) Statistics from China Customs show that, in the first 8 months of 2023, the country imported over 85 thousand tons of fresh/live seafood, an increase of 16% over the same period in 2022. Average prices also increased by 15% over the same period last year. The above parameters show that China's domestic consumption in the fresh/live seafood segment has clearly recovered after the Chinese Government lifted restrictions related to the Covid epidemic.

(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) In May 2022, Vietnam's shrimp export turnover reached 457 million USD, an increase of 31% compared to the same period last year. Accumulating the first five months of 2022, Vietnam's shrimp export turnover went up 41% in comparison to the same period last year, to 1.9 billion USD. In May, the growth rate of Vietnam's shrimp exports to the US slowed down while exports to China went up.

(seafood.vasep.com.vn) In April 2022, Vietnam seafood exports continued to bring in over 1 billion USD with strong growth of 41% over the same period in 2021. Accordingly, total Vietnam seafood export for the first 4 months of the year is expected to reach $3.6 billion, 44.5% higher than the same period last year.

(seafood.vasep.com.vn) Although China is still steadfast with the Zero COVID policy and many major seafood centers are blocked, Vietnam's seafood exports to China in the first quarter still doubled compared to the same period in 2021, reaching 326 million USD.

(seafood.vasep.com.vn) In the first two months of 2022, Vietnam seafood exports to China & Hong Kong nearly doubled over the same period last year, reaching 170 million USD. In which, pangasius was the most breakthrough, increased by 240%, crabs increased by 198%, cephalopod increased by 146%.

(seafood.vasep.com.vn) Vietnam's shrimp exports in the first two months of this year grew well in all major markets such as the US, EU, Japan, Korea, China, UK... In the Russian market, exports decreased due to disruption resulting from the Russia-Ukraine conflict.

(vasep.com.vn) 2021 is a difficult year for Vietnamese pangasius exporters. Covid-19 has attacked, making farming, transportation and export activities difficult. However, the whole year pangasius export value still reached 1.61 billion USD, up 8.4% over the previous year. "The difficulty, the wisdom", when exporting pangasius to a number of large markets was congested due to disease inspection and social distancing, businesses have smartly turned to a number of potential markets.

(seafood. vasep.com.vn) According to customs statistics, in November 2021, Vietnam's seafood exports reached over US$910 million, up 23% over the same period last year. Accumulated to the end of November, seafood exports reached about 8 billion USD, up 4% over the same period in 2020.

(seafood.vasep.com.vn) While Vietnam's tuna exports to major markets such as the US, EU and CPTPP declined, exports to China increased. According to Customs statistics, the total value of tuna exports to this market in the first nine months of 2021 reached more than $4 million, up 66% over the same period in 2020.

(seafood.vasep.com.vn) Accounting for 17 - 18% of Vietnam's seafood exports in the past 2 years with a value of over $1.4 billion, China is in the top 3 import markets of Vietnamese seafood. However, because exports to this market have declined continuously since the beginning of the year, so in the first three quarters of 2021, exports to China only account for 11% of Vietnam's total seafood exports.

(seafood.vasep.com.vn) While Vietnam's tuna export markets all declined in August, China is one of the few markets with positive growth compared to the same period in 2020. Tuna exports to this market in August 2021 increased by 8% over the same period in 2020, reaching 286,000 USD. In the first half of September 2021, the export value to this market increased sharply by 332% over the same period last year.

Many businesses from Guangzhou city of China have shown their interest in importing Vietnamese aquatic products, according to Le Hoang Tai, Vice Director of the Vietnam Trade Promotion Agency (Vietrade) under the Ministry of Industry and Trade.

(seafood.vasep.com.vn) While major markets such as the US and EU reopened and sharply increased seafood imports from Vietnam, China has increasingly tightened inspection of frozen seafood imports from other countries related to the Covid-19 pandemic, Vietnam's seafood exports to this market have decreased continuously in the past 2 months. Therefore, seafood exports to China in the first 5 months of 2021 decreased by 6%, reaching US$405 million.

(seafood.vasep.com.vn) Since March 2021, pangasius exports to some major markets such as China - Hong Kong, the US, Thailand and Brazil have started to grow again, helping to increase the total value of pangasius exports in the first 4 months of this year increased by 8.9% over the same period last year, reaching 489.4 million USD.

(seafood.vasep.com.vn) In the first four months of 2021, Vietnam's total shrimp export value reached US$961.9 million, up 10.2% over the same period last year, of which whiteleg shrimp products accounting for 75.8% of total shrimp exports, up 20%. This result reflects the flexible grasp of the market by Vietnamese shrimp enterprises to overcome obstacles of many Covid waves.

(seafood. vasep.com.vn) Thanks to the growth of nearly 17% in March with over 735 million USD, the seafood export turnover of the whole country in the first quarter of 2021 reached 1.7 billion USD, up nearly 7% over the same period. period last year. It is forecasted that seafood export in the second quarter will continue to grow 10% to about 2.1 billion USD.

(seafood.vasep.com.vn) The gradual recovery from two major export markets, the US and China - Hong Kong, is expected to pull the export value of Vietnamese pangasius in the coming months out of negative growth.

(vasep.com.vn) As of the first half of February 2021, the total value of pangasius exports to China - Hong Kong reached USD 13.55 million (accounting for 8.5% of the total pangasius export value), down by 38.6% compared to that of in the same period last year. In particular, the export value of pangasius to Hong Kong also decreased by 40.5%. Lower exports is reported due to Covid-19 tight controlling in China.