NEWS ARCHIVES

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Archive for February, 2011

Viet Nam likely to set minimum price for pangasius exports for 2011

Monday, February 28th, 2011

The pangasius industry in Viet Nam continues to face negative publicity, yet demand for this product has not decreased in major markets including in Asia. Imports into all major markets still show growth, with supplies coming from other sources within the region that are actively farming pangasius, as well as from Viet Nam. Pangasius exports from Viet Nam during January to October 2010 were 6.7% higher in volume and 2.4% in value compared with 2009. Exports in 2011 are expected to slide back as a result of raw material shortage. Prices are forecast to rise in 2011, as the cost of raw material is likely to escalate along with bank loan interest rates.

Source: Globefish.

Vietnam looks to increase yellowfin exports

Friday, February 25th, 2011

With the recent cuts in bluefin tuna catches in the eastern Atlantic Ocean region, Vietnam’s yellowfin tuna industry is hoping for better earnings. The Vietnam Association of Seafood Exporters and Producers (VASEP) in early February announced it is aiming for a 4.5 percent increase in tuna exports to 120,000 metric tons valued at USD 300 million, compared to 2009 totals valued at USD 13 million.

Source: VASEP

VIETNAMESE SEAFOOD EXPORT, JANUARY – NOVEMBER, 2010

Tuesday, February 1st, 2011
Vietnamese seafood export value in November 2010 reached US$480.7 million and during 11 months reached US$4.52 billion, up 10.4% and 16.9%, respectively compared to the same period of 2009. Markets and categories structures are as follow. (Volume: MT, Value: US$ Mil.)

Markets November, 2010 Compared to the same month of 2009 (%) January – November, 2010 Compared to the same period of 2009 (%)
Volume (MT) Value (US$ Mil.) Volume Value Volume (MT) Value (US$ Mil.) Volume Value
EU 30,818 106.607 8.5 20.6 328,630 1061.001 3.1 8.0
Germany 4,683 19.385 9.1 25.4 51,263 186.741 -7.3 -2.7
Spain 6,125 15.970 26.4 33.3 61,929 149.873 7.0 5.2
Italy 3,746 13.052 57.2 75.9 38,522 123.290 10.1 18.7
The Netherlands 3,225 10.636 12.1 10.5 36,147 119.899 10.6 10.5
France 2,489 12.036 49.7 74.1 25,188 110.588 58.5 69.9
The U.S. 17,145 106.907 73.9 97.0 141,261 883.136 28.0 44.6
Japan 10,326 78.936 -7.8 4.8 123,529 811.938 19.5 17.9
South Korea 10,840 41.614 18.1 37.7 99,677 334.940 10.8 23.3
China & Hong Kong 5,829 27.125 6.5 43.7 55,000 215.483 11.0 24.3
Hong Kong 2,383 8.780 7.0 37.7 23,634 75.325 4.5 6.6
ASEAN 7,169 18.140 -16.0 7.8 87,117 193.263 7.4 12.5
Australia 2,627 15.810 -5.7 16.0 26,347 139.589 9.4 18.3
Canada 1,904 10.548 -10.1 12.5 20,722 103.285 8.7 5.0
Russia 2,606 6.208 -48.05 -27.7 38,784 82.490 -19.6 -1.6
Mexico 3,919 8.638 90.20 93.9 34,489 76.225 21.8 15.0
Others 26,123 60.126 -2.6 -5.4 266,642 618.783 13.8 3.1
Total 119,305 480.659 7.1 25.3 1,222,199 4520.134 10.4 16.9

 

Products November, 2010 Compared to the same month of 2009 (%) January – November, 2010 Compared to the same period of 2009 (%)
Volume (MT) Value (US$ mil.) Volume Value Volume (MT) Value (US$ mil.) Volume Value
Shrimp (HS code 03 and 16) 23,460 217.849 14.8 32.0 218,624 1901.802 13.1 23.5
                  – Black tiger shrimp 14,413 151.358 29.9 48.4 128,926 1303.939 42.4 58.8
                 – Whiteleg shrimp 5,694 39.647 19.0 34.7 56,271 369.943 36.1 52.1
Pangasius (HS code 03 and 16) 57,085 126.002 2.4 7.1 595,287 1276.927 6.3 2.8
Tuna (HS code 03 and 16) 6,685 21.325 23.5 27.5 75,952 265.744 49.5 62.0
                  – Tuna (HS code 03) 1,888 8.202 -2.8 1.4 33,939 158.061 70.4 89.0
                 – Tuna (HS code 16) 4,797 13.123 38.2 52.0 42,013 107.683 36.0 33.9
Other fish (HS code 0301 to 0305 and 1604, ex. tuna and pangasius) 18,011 52.975 1.7 41.5 205,691 538.286 27.1 40.3
Mollusk (HS code 0307 and16) 12,487 49.440 33.9 50.2 112,263 437.414 1.5 12.5
Crab, swimming crab and other crustaceans (HS code 03 and 16) 1,577 13.067 29.1 161.4 14,382 99.961 10.1 96.7
Total 119,305 480.659 7.1 25.3 1,222,199 4520.134 10.4 16.9

 

 

Source: VASEP