Welcome to FIS   Sponsored By
United States
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


Shrimp processing. (Photo Credit: VASEP)

Seafood exports forecast to reach USD 1.7 billion in Q4

Click on the flag for more information about Viet Nam VIET NAM
Tuesday, November 19, 2013, 02:30 (GMT + 9)

After recording an increase of 12.5 per cent in the third quarter of this year, Vietnam’s seafood exports are expected to increase by 6.5 per cent in the fourth quarter compared to the same period of 2012, to USD 1.7 billion, mainly thanks to shrimp exports.

Meanwhile, pangasius exports are expected to hardly recover while exports of tuna and other marine products may be lower, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Total seafood exports are forecast to reach USD 6.5 billion this year, up 5 per cent year-on-year.

Shrimp exports accounted for 43 per cent of Vietnam’s total seafood in the first nine months of 2013, a figure 7 per cent higher than that of the same time of 2012 and much higher than the proportion of pangasius exports.

Remarkably, shrimp sales in the third quarter witnessed a surprising advance: exports in July rose by 45 per cent, in August by 65.5 per cent and in September by 61 per cent.

VASEP attributes this increase to a fall in raw shrimp exports from the world's main suppliers, particularly Thailand because of the negative impact of diseases. Besides, shrimp prices in the main importing markets were USD 2-4 per kilogram higher than in 2012.

The growth in shrimp exports was largely due to sharp increase in whiteleg shrimp exports.

Until September 2013, whiteleg shrimp exports hit nearly USD 980 million, rising 85 per cent year-on-year and representing 47.4 per cent in the total shrimp export value. Black tiger shrimp sales accounted for USD 943 million, an increase of 4.8 per cent and constituted 45.7 per cent of all shrimp shipments abroad.

Shrimp exports to the US scored the highest gain among importers of Vietnamese shrimp. Sales to this market surged 63 per cent through the year 2013 to September.

Shrimp exports to the US in the first three quarters of this year made up 26.3 per cent out of Vietnam’s total shrimp exports, compared to 20.5 per cent in the same time last year.

Meanwhile, pangasius exports have fallen slightly. VASEP expects exports of this fish to be lower in 2013 than those of last year because of stagnant demand from the main markets (especially the EU) and instability of prices and raw fish supply for processing.

Pangasius exports in the third quarter registered USD 424 million, down 3.2 per cent year-on-year and the figure in the past 9 months hit nearly USD 1.3 billion, down 1.4 per cent year-on-year.

The proportion of pangasius out of the country’s total seafood sales slashed to 26.5 per cent from 28.6 per cent.

Pangasius exports to the US have been increasing while fish exports to EU have been declining due to sluggish demand caused by regional economic downturn. In the period from January to September 2013, pangasius exports to the US yielded nearly USD 300 million, up 2.2 per cent, while exports of to EU fell by 11.25 per cent to USD 285 million.

Tuna exports in the third quarter netted USD 121 million, down 18.3 per cent year-on-year; and totalled USD 415 million in the first nine months of 2013, down 4.5 per cent.

Although cephalopod exports showed signs of recovery in the third quarter of 2013, exports in the first nine months fell by 17.2 per cent to USD 309.5 million.


editorial@fis.com
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
Spain
Apr 27, 03:30 (GMT + 9):
Galicia supports gradual fish discard elimination
Chile
Apr 27, 03:00 (GMT + 9):
Chinese delegation inspects fishmeal and fish oil
Argentina
Apr 27, 02:30 (GMT + 9):
Argentina and Russia agree on aquaculture cooperation
Canada
Apr 27, 01:50 (GMT + 9):
LIFO policy is devasting NL economy, shrimp committee study confirms
Thailand
Apr 27, 00:10 (GMT + 9):
TUF reveals expansion plans in India
Canada
Apr 25, 03:20 (GMT + 9):
IN BRIEF - Cooke Aquaculture cleaning up salmon cage debris from St. Mary's Bay
United Kingdom
Apr 25, 03:20 (GMT + 9):
IN BRIEF - Vets condemn EU rules which demand organic fish farms must treat any signs of illness using HOMEOPATHY
Worldwide
Apr 25, 03:10 (GMT + 9):
IN BRIEF - Research shows impact of BMR on brain size in fish
United Kingdom
Apr 25, 03:10 (GMT + 9):
IN BRIEF - GBP 20m fish park dream unveiled
Ghana
Apr 25, 03:10 (GMT + 9):
IN BRIEF - Fish imports gap widens
Thailand
Apr 25, 02:40 (GMT + 9):
IN BRIEF - Thailand eyes fast action to crack down on illegal fishing
Australia
Apr 25, 02:40 (GMT + 9):
IN BRIEF - Customs nabs notorious illegal fishing boat
Canada
Apr 25, 02:40 (GMT + 9):
IN BRIEF - Lobster season delayed because of ice conditions
Thailand
Apr 25, 02:40 (GMT + 9):
IN BRIEF - Indonesia agrees to join fisheries panel
Thailand
Apr 24, 23:50 (GMT + 9):
Indonesia Govt intends to aid Thai fishing sector



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Land-raised Atlantic salmon makes headway into the market
Canada A year after being launched into the market, KUTERRA Land Raised™ Atlantic salmon has shown it is possible to produce a high-quality, sustainably farmed premium salmon using very little energy, water or land, without antibiotics or pesticides.
Researchers call to consider carbon footprints in seafood eco-labelling
New Zealand A new study has led researchers to call for a review of seafood ‘eco-labels’, which currently exclude consideration of the substantial carbon footprint left by the seafood industry.
Indonesia Govt intends to aid Thai fishing sector
Thailand Thai authorities decided to accept Indonesia government’s proposal to form a joint task force to combat illegal fishing.
New anti-shrimp pesticide permit granted to oyster growers
United States Shellfish growers from Washington state have been granted a permit for use of a common household pesticide to combat a growing population of burrowing shrimp in Willapa Bay and Grays Harbor.
 
Maruha Nichiro Corporation
Nichirei Corporation -Headquarter-
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation -Wartsila Group Headquarter-
ITOCHU Corporation -Headquarter-
BAADER - Nordischer Maschinenbau Rud. Baader GmbH (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Pescanova, S.A. - Group Headquarters
Sea Harvest Corporation (PTY) Ltd.
I&J - Irvin & Johnson Limited
Blue Continent Products (Pty) Ltd - (Oceana Group Limited)
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods Inc. -Headquarter-
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel ehf - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
Food Project (Siam) Co., Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO -Food and Agriculture Organization- Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Omega Protein Corporation -Headquarter-
Marona S.A.
Marine Harvest ASA - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. -Headquarter-
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  -Holding Headquarter-
Greenpeace International - The Netherlands
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
Ocean Trawlers Group - Ocean Trawlers HK Ltd.
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation -Headquarter-
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart / Wal-Mart Stores, Inc. (Supermarket) -Headquarter-
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
INVE Group - Head Office
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
Morpol ASA - Group Headquarters
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2015 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER