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Tag: seafood

The Seafood category covers fishing, aquaculture, exports, and market trends in the seafood industry. It explores supply chain developments, sustainability practices, government regulations, and trade agreements, providing insights into demand trends, pricing, and global competitiveness.

 

Vietnam’s aquaculture output rises 5.1 percent in Q1 2025 amid strong pangasius and shrimp harvests

Vietnam’s total aquatic product output reached an estimated 1.99 million tons in the first quarter of 2025, up 2.8 percent year-on-year, driven by higher yields in both aquaculture and exploitation. Aquaculture output alone rose 5.1 percent, reflecting favourable prices and export recovery for pangasius and efficient shrimp farming practices, according to data from the General Statistics Office.

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Vietnam’s imports of fishery products rise by 26.90 percent in December

India led the growth, with imports surging 70.44 percent to US$49.29 million. Norway and Indonesia followed, recording increases of 42.14 percent and 38.45 percent, respectively. South Korea also showed strong growth, with imports rising by 41.30 percent to US$10.49 million. Imports from the USA grew by 33.13 percent to US$7.03 million.

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Vietnam Seafood Processing: Industry Overview 2025

Vietnam is a major exporter of seafood products, with the US, China, Japan, and South Korea as primary markets. The industry offers a vast array of seafood, from shrimp and catfish to tuna and squid. Aquaculture has grown in importance, substantially contributing to overall seafood production. Employing millions, primarily women, the industry significantly impacts the socioeconomic landscape.

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Vietnam’s imports of fishery products surge in October

Indonesia was the top supplier, contributing US$31.27 million in October, reflecting a modest increase of 1.78 percent. Norway followed with US$24.26 million, marking a significant 40.27 percent rise. Imports from India surged by 80.12 percent to US$27.27 million, while China saw a 16.12 percent increase to US$20.06 million.

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Vietnam’s aquatic processing sector sees strong year-over-year growth

The year-over-year comparison reveals an even stronger performance, with a 12.4 percent increase in October compared to the same month in 2023. Additionally, for the January to October period, production rose by 9.4 percent over the same timeframe last year. These figures highlight the sector’s sustained expansion, which is likely supported by Vietnam’s strong position in the global seafood market and rising demand for processed aquatic products domestically and abroad.

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US DOC make final determination on frozen warmwater shrimp from Vietnam, others

The DOC’s preliminary determination for Vietnam, notes that ‘one or more respondents did not act to the best of their ability to respond to Commerce’s requests for information’. There being only two firms investigated from Vietnam, and given that the second Soc Trang Seafood Joint Stock Company, the other firm, received its own subsidy rate of 2.84 percent, it appears that the aforementioned statement explains Thong Thuan’s much higher subsidy rate…

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Vietnam seafood exports fall 6.23 percent September over August

Of note, China saw a 9.59 percent increase in seafood exports for September, reaching US$197.32 million, with year-to-date exports totaling US$1.21 billion. 
In contrast, exports to the USA dropped by 13.77 percent, amounting to US$171.41 million for the month, and year-to-date exports reached US$1.33 billion…

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