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PANGASIUS EXPORTS ATTACK NICHE MARKETS

09

09/2023

Seafood Expo Asia 2023

Seafood Expo Asia is a trade event where buyers and suppliers of seafood from around the world come together to network and conduct business in the lucrative Asia markets. The next event will be 11-13 September 2023 at the Sands Expo and Convention Centre in Singapore. The exposition is produced by Diversified Communications.

20

12/2023

Pangasius prices may gradually recover from the second half of 2024

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), by the end of November 2023, Vietnam's pangasius exports reached nearly 1.7 billion USD, down 26% over the same period last year. The average price of pangasius exports decreased in main markets, especially the US and China, pulling the value of pangasius exports lower than in 2022.

05

03/2024

BUSINESSES START EXPORT ACTIVITIES AT THE BEGINNING OF THE NEW YEAR

Accordingly, in January 2024, seafood exports increased by 64% compared to the same period in 2023, reaching 750 million USD: shrimp increased by 71%, pangasius increased by 97%, tuna increased by 57%, BT squid increased by 45%, other types of fish increased by 50%

18

08/2023

VIETFISH – ASIA’S HOME OF SEAFOOD

VIETFISH – a large-scale seafood exhibition VIETFISH 2023 will officially take place at the Saigon Exhibition and Convention Center from August 23 to 25, 2023, with the theme: 'Quality Connected Destination.' The event marks a 24-year journey of the VIETFISH and is also the starting point for a new and energetic journey.

15

07/2023

EXPECTATIONS OF SEAFOOD EXPORT RECOVERY

Many key seafood products dropped sharply Information from the Ministry of Agriculture and Rural Development, in the first 5 months of 2023, the main export seafood products recorded a sharp decline. For example, pangasius export only earned 690 million USD, down 40.7%; shrimp reached 1.22 billion USD, down 34.4% over the same period in 2022.

15

06/2023

Shrimp import demand is expected to be more positive from the second quarter of 2023

Shrimp import demand is expected to be more positive from the second quarter of 2023 Vietnam's shrimp exports in 2023 will face challenges from inflation, the global economic downturn affecting the consumption of major markets. Besides, Vietnamese shrimp must compete directly with Ecuador and India in terms of price. Import demand is expected to recover from the second quarter thanks to the lower price trend.

01

02/2023

Vietnamese shrimp still have a great advantage in the market, especially in the high-end market segment.

Although the cost of farmed shrimp in Vietnam is still high, transportation costs are high, and some major shrimp producing countries have improved processing, in general, Vietnamese shrimp still have a great advantage in the market, especially in the high-end market segment.

06

12/2022

China – The main market for Vietnamese pangasius in 2022

(seafood.vasep.com.vn) According to Customs statistics, by mid-October 2022, the country's pangasius exports reached 2.06 billion USD, an increase of 60% over the same period in 2022. By the end of October 2022, pangasius exports is forecast to earn nearly 2.2 billion USD in foreign currency, an increase of 80% compared to the same period in 2021. Of which, the Chinese market alone accounted for 30% with about 654 million USD, up 110%.

02

12/2022

Vietnam’s pangasius exports in October 2022 reached the lowest level

(seafood.vasep.com.vn) Although still up 31% over the same period, the export turnover of 179 million USD in October recorded the lowest level since the beginning of 2022. The export growth rate over the same period last year was also the lowest. By the end of October, Vietnam pangasius exports reached 2.1 billion USD, up 75% compared to the same in 2021.

25

11/2022

EXPORTING ENTERPRISES COPE WITH HIGH INFLATION

Dominate the market with good prices In the context of record inflation in some countries, the prices of food items have increased. Pangasius products with the advantage of affordable prices have become the right choice for many consumers around the world, so Vietnamese pangasius processing and exporting enterprises quickly increase their market share in other countries.

10

11/2022

Inflation started affecting imports of pangasius in different markets

(seafood.vasep.com.vn) The nearly 2 billion USD of pangasius exports in the first 9 months of 2022 went beyond the expectations of Vietnam’s seafood industry. However, looking at the export performance in September, we can see that inflation has strongly hit all food and seafood industries, not excluding pangasius.

30

09/2022

Vietnam shrimp exports reached more than 3 billion USD in the first 8 months of 2022.

(seafood.vasep.com.vn) In August 2022, Vietnam's shrimp exports reached more than 398 million USD, up 41% over the same period in 2021. Accumulated in the first 8 months of 2022, shrimp exports reached more than 3 billion USD, an increase of 24%..

17

03/2022

Pangasius exports to the EU bounced back after months of stagnation

(seafood.vasep.com.vn) After two consecutive years of decline in pangasius exports to the EU, the number of Vietnamese enterprises getting away from this market has upsurged. Even before the outbreak of Covid-19 in the EU, this market did not seem promising as exports fell to negative levels for several months in a row. However, a positive outlook for trade with this market starting is ahead for 2022.

28

01/2022

Vietnam pangasius export breakthrough at the end of 2021

(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.

24

07/2021

Pangasius exports increased 17% in the first half of the year

(seafood.vasep.com.vn) In June 2021, Vietnam's pangasius export value reached nearly 142.6 million USD, up 28.1%. By the end of June 2021, the total export value of pangasius reached 780.9 million USD, up 17% over the same period last year. This positive result brings optimism to Vietnamese pangasius exporters.

02

03/2021

Mekong Delta provinces promote shrimp exports

(seafood.vasep.com.vn) The Department of Industry and Trade of Ca Mau province said that the shrimp processing and export situation of the province in early 2021 has been more positive, the processing output and export volume have both increased. Mekong Delta provinces promote shrimp exports

01

10/2020

Vietnam’s shrimp sector emerges from COVID ‘the winner’

Vietnam's shrimp sector looks set to emerge from the COVID-19 pandemic as "the winner", thanks to a fortuitous combination of events, speakers on Undercurrent News' latest webinar agreed.

09

07/2020

Annoucement of Vietfish 2020 cancellation

Vietfish Organizer would like to say thank you for your participation at Vietfish 2020. After many weeks of monitoring the evolving situation around COVID19 and receiving feedback of exhibitors, VASEP has decided to cancel the 22nd edition of Vietfish 2020.

29

06/2020

Vietnam sees a favorable opportunity for shrimp exports after COVID-19

(seafood.vasep.com.vn) Among the main export seafood products of Vietnam, while exports of pangasius, tuna, and seafood all dipped, Vietnam's shrimp exports in the first quarter of 2020 were still better with a slight growth in the context of COVID-19 pandemic remains complex worldwide. If the Covid-19 pandemic is resolved by the end of the second quarter of 2020, the world market reopens, Vietnam shrimp can take advantage of opportunities to export after the Covid-19 period.

25

04/2020

Vietnam whiteleg shrimp exports grew strongly after 5 years

21

12/2019

Organic pangasius fillets are being sold in Germany

(seafood.vasep.com.vn) As of the first half of August 2019, the total export value of pangasius to the German market reached US$20.4 million, up 35.4% over the same period in 2018. Currently, Germany is the third largest exporter of Vietnamese pangasius in the EU.

29

11/2019

Pangasius exports to Japan went up slightly

(seafood.vasep.com.vn) By the end of September 2019, the total export value of pangasius to Japan reached nearly US $ 25 million, up 2.6% compared to the same period in 2018. Particularly in September 2019, pangasius export to this market reached US $ 3 million, up 2%.

20

11/2019

Shrimp exports levelled off in August and September

(seafood.vasep.com.vn) Vietnamese shrimp exports rose by 13% in July 2019, down slightly by 1.6% in August and continued to decrease by 7.4% in September. Vietnamese shrimp exports in September 2019 reached US$307.3 million, decreased by 7.4%. Accumulated in the first 9 months of 2019, shrimp exports reached US$2.4 billion, down 7% from the same period in 2018.

12

09/2019

Export of frozen pangasius fillets to Germany went up

although pangasius exports to the German market decreased following the general trend of the EU region for more than 10 years from 2008 to 2018, but in recent years, especially in the first 5 months of 2019, the export value of pangasius to the German market continued to rose. Particularly in May, 2019, pangasius export value to this market hiked up: 144,7% compare to the same period in 2018. By the end of May, 2019, the export value of Vietnamese pangasius exported to Germany reached USD14.7 million, up 74.6% compared to the same period in 2018.

15

08/2019

Vietnam shrimp exports after signing EVFTA: Advantages and challenges

(seafood.vasep.com.vn) In the context of an effective Vietnam-EU Trade Agreement (EVFTA), shrimp is one of the seafood products benefiting from tariff preferences of this Agreement. However, joining the Agreement also poses many challenges for export enterprises.

27

05/2019

ASEAN continues to be a potential market of Vietnam pangasius

(seafood.vasep.com.vn) Q.IV/2018, Pangasius export revenue to ASEAN markets reached US$57 million, up 35.6% compared to the same period in 2017. In 2018, the export turnover of pangasius to this market reached US$202.6 million, up 41.5% for which the 3 largest single export markets were: Thailand increased by 48.8%; Singapore increased by 20.7% and the Philippines increased by 32.1%.

27

03/2019

Vietnam aims to earn 4.2 billion USD from shrimp exports

Vietnam sets a target of earning 4.1-4.2 billion USD from shrimp exports this year, higher than 3.6 billion USD recorded in 2018, according to the Directorate of Fisheries under the Ministry of Agriculture and Rural Development (MARD). The figure was released at a conference to launch production and business plans for the domestic shrimp industry in 2019 that was held on March 13 by MARD in the Mekong Delta province of Soc Trang, one of large shrimp producers in the country.

20

12/2018

Vietnam shrimp exports rebounded in September

(seafood.vasep.com.vn) Since the beginning of the second quarter to August this year, Vietnam’s shrimp exports remained the downward trend in value over the same period in 2017. Specifically, in July, exports fell by 20.3% over the same period last year; sales to most of major importing markets fell sharply.

30

09/2018

Vietnam shrimp exports to be stable by the end of 2018

(seafood.vasep.com.vn) Vietnam’s shrimp exports in QII/2018 reached over US$893 million, down 4.9% due to fluctuations in the domestic and global shrimp prices. However, thanks to the growth of 20% in QI, the figure in the first half of this year slightly increased by 5.1% to see US$1.6 billion. With higher import demand in Apr-Jun this year and steady shrimp prices, Vietnam’s shrimp sales this year expected to total US$4 billion.

22

09/2018

Vietnam shrimp exports have strongly developed in last 10 years

(vasep.com.vn) After 10 years implementing the Resolution No 26-NQ/TW on agriculture, rural areas, farmers (2008 - 2018), Vietnam seafood export turnover doubled. In particular, shrimp exports accounted for the largest proportion and strongest and the most stable growth. After 10 years, shrimp export turnover increased nearly 2.5 times from $1.6 billion to nearly $3.9 billion, with an average annual growth of 9%. Shrimp exports account for a increasing share of total seafood exports: from 36% to over 50%.

11

08/2018

Productivity, efficiency of pangasius production compared with European salmon, seabass, seabream

20

07/2018

Vietnam shrimp exports: Look back 20 years

28

07/2018

Middle East - The potential market of Vietnamese seafood

(seafood.vasep.com.vn) Due to natural conditions, most Middle Eastern countries do not produce agricultural products, including seafood, so there is a great demand for shrimp and catfish products, canned tuna, sardines, mackerel and dried fish.

30

05/2018

Up in pangasius exports to Poland

(seafood.vasep.com.vn) In the first two months of 2018, Vietnam’s pangasius exports to the Polish market increased by 17 times over the same period last year. This was considered as a notable importing market of Vietnam in the EU in the first two months of this year.

29

04/2018

Good growth in VN shrimp exports at the beginning of the year

(seafood.vasep.com.vn) After the good growth in 2017, Vietnam’s shrimp exports in 2018 continued to go up. In January 2018, Vietnam exported shrimp to 49 markets with the export turnover of US$264.8 million, up 33.2% over the same period in 2017.

05

04/2018

Vietnam whiteleg shrimp exports to go on the rise in 2018

22

03/2018

Localities urged to gear towards shrimp production targets

The Ministry of Agriculture and Rural Development has asked People’s Committees of cities and provinces with large areas of shrimp farms to employ different solutions in order to reach targets set in the national action plan for the development of the shrimp industry through 2025.

01

02/2018

Vietnam shrimp sales to go on the rise in QIV

(seafood.vasep.com.vn) After a reduction in the first quarter, Vietnam’s shrimp exports in QII and QIII/2017 showed the possitive growth. Of that, exports in QII increased by 52% over QI, exports in QIII increased by 25% over QII and 90% over QI. Vietnam’s shrimp exports in the first nine months of the year reached US$2.7 billion; up 21.4% over the same period in 2016.

20

01/2018

VASEP forecast upbeat shrimp export growth for 2018

The Vietnam Association of Seafood Exporters and Processors (VASEP) has projected shrimp exports to continue gathering momentum this year, particularly in the EU and China.

30

11/2017

Up 18.5% in Vietnam shrimp exports

(seafood.vasep.com.vn) As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%). In the period, exports of whiteleg shrimp remained the large share of 63.2% of Vietnam’s total shrimp exports; while those of black tiger shrimp took up the proportion of 25.6% and those of marine shrimp were 11.2%. In particular, the export proportion of whiteleg shrimp and marine shrimp increased while that of black tiger shrimp decreased compared with the same period in 2016.

25

11/2017

QII/2017: Vietnam’s shrimp exports rebounded

(seafood.vasep.com.vn) After the slump in QI/2017, Vietnam’s shrimp exports in QII/2017 inched up 28.2% to eye US$938.9 million. Thanks to the good growth in Apr-Jun 2017, Vietnam’s shrimp exports in the first half of 2017 gained US$1.6 billion, up 15.2% over the same period in 2016.

22

11/2017

Up 18.5% in Vietnam shrimp exports

(seafood.vasep.com.vn) As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%). In the period, exports of whiteleg shrimp remained the large share of 63.2% of Vietnam’s total shrimp exports; while those of black tiger shrimp took up the proportion of 25.6% and those of marine shrimp were 11.2%. In particular, the export proportion of whiteleg shrimp and marine shrimp increased while that of black tiger shrimp decreased compared with the same period in 2016.

24

10/2017

Vietnam shrimp sales to EU climbed up 30%

(seafood.vasep.com.vn) Shrimp imports into the EU accounts for about 30.6% of total worldwide imports, ranging from US$6-8 billion per year. In the past 10 years (2007-2016), shrimp imports into the bloc increased from US$5.6 billion to US$6.7 billion in 2016. The export value bottomed out at US$5.4 billion in 2009 and reached a peak US$7,6 billion in 2014.

20

07/2017

Shrimp export up nearly 16 pct in first half

Vietnam earned 1.56 billion USD from shrimp exports in the first half of this year, up 15.7 percent annually, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).

21

03/2017

Conference promotes Vietnam-Singapore trade partnership

Up to 110 small- and medium-sized enterprises (SMEs) of Vietnam attended a conference in Singapore on March 10 to seek trade and investment partnership. The businesses’ participation benefited from an initiative jointly made by the Vietnam-Singapore Friendship Association, the Vietnamese Embassy in Singapore and the Vietnamese Entrepreneurs’ Club under the Vietnamese Association of Small- and Medium-sized Enterprises.

18

01/2017

Vietnam pangasius exports to hit US$1.66 billion in 2016

(seafood.vasep.com.vn) In 2016, Vietnam’s pangasius exports estimated to touch US$1.66 billion, rising 7% from the previous year and accounting for 24% of total seafood export turnover. In 2016, Vietnam’s pangasius was destined to 137 markets around the world, including the US (with the largest share of 23%), China (17%) and the EU (slipped to the 3rd rank with the share of 16%).

06

10/2016

Ca Mau to raise certified organic shrimp farming area to 20,000 ha by 2020

(seafood.vasep.com.vn) According to the Ca Mau Department of Agriculture and Rural Development, the province expected to raise certified organic shrimp farming area to 20,000 ha by 2020. Currently, the province has about 14,000 hectares of mixed shrimp-forest farming with participation of 2,500 households in the two districts of Ngoc Hien and Nam Can and shrimp products in these districts were internationally certified organic. This is also the opportunity to promote the brand name of Ca Mau’s shrimp on the world market.

06

09/2016

EUR2.5 million project launched to support shrimp value chain development in Mekong Delta

Oxfam and the International Collaborating Centre for Aquaculture and Fisheries Sustainability (ICAFIS) on May 24 launched a project to support sustainable and equitable shrimp production and value chain development in the Mekong Delta region. The project worth E

20

06/2016

EU raises importing warmwater shrimp

(seafood.vasep.com.vn) Vietnam shrimp exports to EU in Jan 2016 continued the downward trend of 2015. Exports in the next months of Feb and Apr started to post the year-on-year growth. Vietnam shrimp sales to EU in Jan-Apr 2016 reached US$164.4 million, up 12.1% year on year. In the early 2016, orders from European importers rose thanks to lower inventories and stable demand.

25

06/2016

Up 57% in Vietnam pangasius exports to Brazil

(seafood.vasep.com.vn) As of the first half of May 2016, Vietnam pangasius exports to Brazil reached US$29.12 million, up 189% compared to the same period last year.

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