I. PANGASIUS
1. 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%. ASEAN was still the fourth largest importer
of Vietnamese pangasius after the US, China and EU.
The export revenue of Pangasius to Thailand in 2018 reached US$76 million. This was the largest export market of
Vietnamese pangasius in the ASEAN region, accounting for 36.8% of total exports.
2. PANGASIUS EXPORTS TO MEXICO INCREASED BY 18%
(seafood.vasep.com.vn) Pangasius exports to Mexico as of the first half of February 2019 reached US$19.8
million, up 18.2% over the same period in 2018. Mexico was still the fifth largest Pangasius export market of
Vietnam.
The trend of exporting Pangasius to the Mexican market in the first month of this year signaled a better situation in
export activities in this market. Among four major importers with high potential (Mexico, Brazil, Colombia and the
UAE), Mexico was the only market that has achieved positive growth so far.
At the same time, the two main types of products for export were frozen fillets Pangasius(HS 030462) and frozen
slice/steaks Pangasius and Basa (HS 030324) to Mexico. Frozen Pangasius and Basa with higher average export
prices ranging from US$1.25 – 3.95/kg; Steak Pangasius products cost from US$1.12 to US$2.25 /kg.
II. SHRIMP
1. VIETNAM – THE LARGEST SHRIMP SUPPLIER TO THE UK
(seafood.vasep.com.vn) Vietnam shrimp exports to the UK have always achieved positive growth rates since 2012
as the UK has promoted importing warmwater shrimp as an affordable product that can replace coldwater shrimp.
The price of coldwater shrimp is increasing due to the fact that the main supplying countries continuously cut their
quotas which resulting in a drop in production. Sales of warmwater shrimp in British supermarkets and retail
channels continued to increase while sales of coldwater shrimp decreased.
Processed shrimp products originating from Vietnam in the UK market have a higher advantage in price and quality
compared to those of India and Bangladesh. Fresh and frozen white leg shrimp size 13/15, 16/20 exports from
Vietnam to the UK cost from US$6.67 to US$8.73 /kg.
III. MARINE FISH
VIETNAM – AMONG TOP 5 SUPPLIERS OF PROCESSED SQUID TO JAPAN
(seafood.vasep.com.vn) According to ITC statistics, in the first quarter of 2019, Japanese cephalopod imports
reached nearly 11.7 thousand tons worth US$77.6 million, up 11% in volume and 10% in value compared to
the same period in 2018.
Processed cuttlefish and squid products were imported most, accounting for 78% of import value. In the first 3
months of the year, Japan sharply increased the import of processed squid products with more than 10 thousand tons
with worth US$60.7 million, up nearly 17% in volume and 15% in value. Meanwhile, imports of processed octopus
fell by 19% in volume and nearly 13% in value, with nearly 1.5 thousand tons, worth US$15.3 million and
accounting for nearly 20% of total imported cephalopod. Frozen squid products accounted for only 2% of total
imports, although Japan tended to increase imports of this product with a rise of 941% in volume and 2.090% in
value.
