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


Shrimp processing plant. (Photo: Stock File)

Vietnamese seafood exports reach record value in 2017

Click on the flag for more information about Viet Nam VIET NAM
Thursday, January 04, 2018, 02:20 (GMT + 9)

Exports of Vietnam seafood products generated USD 8,320 million in revenues in 2017, a figure that represents a year-on-year growth of 18 percent, according to statistics from the Ministry of Agriculture and Rural Development (MARD).

The main markets for Vietnamese seafood exports were the United States, Japan, China and the Republic of Korea, which together accounted for 55.3 percent of the total value of shipments of fish and shellfish abroad.

China was the market that experienced the highest growth last year, at 64.4 percent. The Netherlands (48.6 percent), the United Kingdom (36.4 percent), Korea (29.1 percent), Canada (22.3 percent) and Japan (20 percent) followed.

Shrimp exports gave the largest contribution to the total value of Vietnamese seafood exports: they grew by 21 percent from 2016 and generated USD 3,800 million. The increase in the shrimp export price, raw material higher quality and a greater volume of processed products contributed to this growth, said the Association of Seafood Producers and Exporters of Vietnam (VASEP).

In terms of value, shrimp sales to China grew by 60 percent to USD 677 million. This amount made the Chinese market the third most important for this crustacean, behind Japan (which increased its imports by 18 percent) and the US (which increased their purchases by 42 percent).

Meanwhile, tra catfish (pangasius) exports generated almost USD 1,800 million in 2017, an amount that represents a year-on-year growth of 4 percent. China was the main market, with purchases for USD 420 million (37 percent more than in 2016).

Vietnamese tuna exports also grew, by 16 percent, to USD 600 million, and sales abroad of squid and octopus increased by 42 percent, also reaching a total value of USD 600 million.

VASEP projects that Vietnamese seafood exports will surpass USD 8,500 million this year, 3 percent more than in 2017, even with more strict controls the US will impose to Vietnamese pangasius, anti-dumping tariffs and measures applied by the European Union to combat IUU fishing.


[email protected]
www.fis.com


 Print


Click to know how to advertise in FIS
MORE NEWS
United States
May 22, 03:20 (GMT + 9):
Lobster exporters fear China's retaliation for tariff implementation
Vanuatu
May 22, 02:40 (GMT + 9):
Tuna plant restarts operations thanks to Chinese funding
Spain
May 22, 02:20 (GMT + 9):
Andalusia demands management plan to increase bluefin tuna catch
Oman
May 22, 02:10 (GMT + 9):
First sea bream project harvest begins
United Kingdom
May 22, 01:00 (GMT + 9):
IFFO RS seeks to improve its standard
Spain
May 21, 23:20 (GMT + 9):
Bermeo launches global initiative for tuna sustainability
Chile
May 21, 22:20 (GMT + 9):
New MSC standard for seaweed presented
United States
May 21, 22:00 (GMT + 9):
IN BRIEF - Governor says another Chinese company wants to invest in Maine
Mexico
May 21, 21:30 (GMT + 9):
MSC deems Mexico is Latin America leader in fisheries sustainability
United States
May 19, 03:10 (GMT + 9):
First Copper River salmon arrives at Seattle with high prices
Argentina
May 19, 02:20 (GMT + 9):
Fresh shrimp fleet could stop operations
Canada
May 19, 02:10 (GMT + 9):
Climate change to affect commercial fishermen in the US and Canada
Canada
May 19, 02:00 (GMT + 9):
IN BRIEF - Report: Canadian salmon firm admits using lobster-killing pesticide near Maine border
Japan
May 19, 02:00 (GMT + 9):
IN BRIEF - Fish recycling program begins at conveyor-belt sushi chain Kurazushi
United States
May 19, 02:00 (GMT + 9):
IN BRIEF - Cooke Aquaculture To Create Up to 100 New Jobs



Lenguaje
FEATURED EVENTS
  
TOP STORIES
First Copper River salmon arrives at Seattle with high prices
United States The fishery for Copper River king salmon opened in Alaska on Thursday and the first shipment of fish arrived with much fanfare at Sea-Tac Airport, Washington, Friday morning.
Govt to aid sector to restart exports to Saudi Arabia
Myanmar The Myanmar government expressed its intention to join efforts with private seafood factories to restart fish and shrimp exports to Saudi Arabia after the ban imposed by Saudi authorities in April.
EU to keep yellow card for Thailand
Thailand The European Union has decided to keep a yellow card for Thailand over the country’s illegal, unreported and unregulated fishing problems, a source at the Agriculture and Cooperatives Ministry revealed.
Chamber of Deputies approves bill regulating giant squid capture
Chile With a strong support and in front of a wide citizenship attendance, including representatives of the artisanal and industrial fishing sectors, the Room of the House of Representatives approved in general the bill regulating giant squid capture.
 
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+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
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 - 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.
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. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
Mitsubishi Corporation Marine Products Depts. D.Team
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
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 - 2018 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER