NEWS ARCHIVES

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Archive for September, 2012

Vietnam Tuna Export, Jan – Aug 2012

Wednesday, September 26th, 2012

Source: Vasep

Vietnam Shrimp Export, Jan – Aug 2012

Wednesday, September 26th, 2012

Source: Vasep

Vietnam Pangasius Export, Jan – Aug 2012

Wednesday, September 26th, 2012

Source: Vasep

Tuna exports increased to Mexico market.

Monday, September 3rd, 2012

Mexico imported a large amount of Tuna from Vietnam. Among key Vietnam seafood items exported to Mexico, tuna ranks the second position in export value after pangasius. Since the early year to July 15th 2012, Vietnam tuna exports to Mexico are mainly fillet and other frozen tuna products (HS 0304 code) with the export value of US$3.65 million, up drastically 472 percent over that of the same period of 2011.Despite its unstable domestic economy, Vietnam still boosted to export tuna to Mexico. For the year to date, tuna exports to the market has been rising in each month with triple digit growth, in April alone, exports got four digit growth over the same period of 2011. Since May 2012, Mexico has been put in the top ten importers of Vietnam tuna. Tuna exports to the markets in May and June 2012 remarked an impressive growth of 365.7 percent and 921.5 percent, respectively over that of the corresponding period of 2011. During 2007 – 2011, Vietnam tuna export value saw ebbs and flows. In 2008, tuna export value attained US$5.3 million. However, in 2009, the figure sharply fell 88 percent to US$660,900 over the previous year – the deepest reduction in the past 5 years. Tuna export turnover from Vietnam to Mexico in 2009 was badly affected by instability in almost importing markets. In 2010, Vietnam tuna shipment to the market sharply advanced 142 percent to US$1.6 million against 2009.

Source: Vasep

Vietnam pangasius export to the EU dropped nearly 27 percent !

Monday, September 3rd, 2012

Vietnam pangasius export to the EU dropped nearly 27 percent compared to the same period of 2011. The downtrend is predicted to continue in the coming months when traders see no sign of recovery in the European economy. Sales of fish to four European key markets (including Spain, the Netherlands, Germany, Italy) went down in June, though Italy still saw growth of 10.8 percent to US$3.4 million in the previous month. Spain was the largest pangasius-consuming market in the EU. In June 2012, its imports of pangasius were down 32 percent to US$7.4 million. Due to the decline, fish import into the country only totaled US$48.4 million in the first two quarters of 2012, equal to 35 percent less than the same period of 2011. After positive rise in the first months of the year, fish trade with Spain began downing from May. Furthermore, Spanish economy is facing much more financial difficulties after its banks got credit rating downgrade in European bank rankings. Therefore, it must be so hard for Vietnam pangasius industry to boost fish export to this destination in the third quarter of 2012. Similarly, the Netherlands – Vietnam’s second biggest pangasius importer in the EU – got down in import value by 35 percent to US$5.7 million in June. Year-to date earnings from this market were around US$38.5 million, down 25 percent. Germany reported the sharpest drop of 45 percent to US$27.6 million among four main fish-consuming countries. Italy was the unique importer recording positive growth in May, but its pangasius imports immediately fell by 13.5 percent to US$3.5 million in June. This was because of tough economic trend in the EU as well as existing difficulties in Vietnam pangasius industry. According to some importers in Europe, slowing sales has also occurred in many other seafood and food products. Fish consumption may rebound in the last months of the year, but just little growth, because the region is still dealing with financial challenges and fewer profits made by both importers and retailers.

Source: Vasep

Shrimp exports to Japan surged

Monday, September 3rd, 2012

Vietnam shrimp exports to Japan in the first 6 months of 2012 recorded high growth, except for January when shrimp exports to the market fell. In Feb, the growth was 50.4 percent, Mar with 50.4 percent, Apr with 31.1 percent, May with 52.5 percent and Jun with 23.7 percent. Out of 4 leading importers of Vietnam shrimp, only Japan can remain high advance in Vietnam shrimp imports through Jun 2012. In the wake of instable shrimp demand in the U.S., EU or China, particularly the U.S., Japan is considered as a stable importing market of shrimp. However, Japan strengthened imposing technical barriers on Vietnam shrimp exports while India increased rapidly its market share of shrimp exports in Japanese market in 2011 and the first 5 months of this year which are posing big obstacles for Vietnam exports to the market in 2012.

Source: Vasep