Wednesday, October 23,2019 - 14:32 GMT+7  Việt Nam EngLish 

Vietnam’s exports of seafood in first seven months of 2019 

 Wednesday, September 18,2019

AsemconnectVietnam - According to the preliminary statistics figures of the General Department of Customs, Vietnam’s seafood exports in the first 7 months of 2019 reached nearly 4.69 billion USD, down slightly by 0.8 per cent compared to the first 7 months of 2018.

In July of 2019 alone, it reached 793 million USD, up by 9.8 per cent compared to June  of 2019 and by 3.6 per cent compared to July of 2018. Japan, the USA, EU, China, and Korea were the major seafood export markets of Vietnam. The exports to Japan reached 811.07 million USD, accounting for 17.3 per cent of the country's total seafood export turnover, up by 10.4 per cent over the same period of 2018; the exports to the US reached 802.59 million USD, up by 1.2 per cent, accounting for 17.1 per cent; to the

EU market reached 723.39 million USD, accounting for 15.4 per cent, down by 11.4 per cent; to China reached 592.7 million 440.86 million USD, accounting for 9.4 per cent, down by 3.9 per cent; to Southeast Asia accounting for 7.8 per cent of the country's total seafood export turnover, reaching 364.13 million USD, down by 0.6 per cent over the same period of 2018.

Although the country's overall seafood export turnover in the first 7 months of this year declined, there were still some markets with a sharp increase in turnover over the same period last year. Concretely, the exports to Iraq increased by 49.7 per cent to 8.16 million USD; to Ukraine - increased by 47 per cent to 13.15 million USD; to Cambodia - increased by 41.8 per cent, reaching 19.93 million USD; to Brunei – increased by 35.6 per cent, reaching 1.18 million USD.

However, the exports of seafood to Saudi Arabia dropped sharply by 98.8 per cent over the same period last year, reaching only 0.17 million USD. Besides, the exports to some markets also dropped sharply such as: to Pakistan - decreased by 69.6 per cent, reaching 3.99 million USD; Czech - decreased by 32.7 per cent, reaching 2.49 million USD; to Israel - decreased by 32.2 per cent, reaching 42.51 million USD; to the Netherlands - decreased by 31.3 per cent to 127.14 million USD.

In the first 7 months of 2019, pangasius exports reached 1.13 billion USD, down by 5.5 per cent over the same period of 2018; shrimp exports reached 1.8 billion USD, down by 8 per cent; in which, the export of while-leg shrimp accounted for 68.2 per cent, tiger shrimp accounted for 21.6 per cent and the rest was marine shrimp. White-leg shrimp exports reached 1.2 billion USD, down by 7 per cent; while the exports of tiger shrimp reached nearly 383.7 million USD, down by 15 per cent; other marine shrimp reached 181 million USD, up by 5 per cent; processed black tiger shrimp saw the strongest drop of 34 per cent, and canned sea shrimp increased the most by 57 per cent.

The exports of shrimp to China in the first 7 months of this year reached over 285 million USD, up by 1.7 per cent over the same period last year; while the exports to the EU reached 377.5 million USD, down by 21.3 per cent. Shrimp exports to the EU were mainly processed shrimp with few competitors, mainly Thailand and Indonesia. Processed shrimp has a high tax rate without GSP (from 10-20 per cent), so it will be difficult for Vietnamese competitors to compete on price.
Shrimp exports to Japan reached nearly 329 million USD, down by 2.8 per cent compared to the same period of 2018, while the exports to the US reached 327.4 million USD, up by 5 per cent.
 
Vietnam’s exports of seafood in the first 7 months of 2019 – source: the General Department of Customs
 
Market
 
July of 2019
 
+/- vs. June of 2019 (%)
 
First 7 months of 2019
 
+/- vs. same period of 2018 (%)
 
Total
 
792,996,623
 
9.75
 
4,687,077,670
 
-0.82
Japan
130,695,701
2.24
811,068,821
10.43
The U.S
152,630,738
8.32
802,593,581
1.17
EU
126,190,528
17.04
723,394,769
-11.37
China
119,544,017
18.16
592,701,404
6.68
South Korea
68,279,054
6.55
440,863,117
-3.92
South East Asia
60,421,671
34.12
364,132,783
-0.64
Britain
30,367,711
35.11
154,411,537
-1.37
Thailand
26,567,462
36.75
154,035,350
-0.04
The Netherlands
20,904,739
26.89
127,140,443
-31.27
Canada
18,271,520
-0.43
117,749,439
1.15
Australia
16,232,174
-9.73
110,362,227
8.95
Germany
18,361,974
15.28
108,705,195
-2.62
Hong Kong (CN)
15,189,109
5.98
98,144,332
-9.38
Belgium
14,884,506
38.43
74,840,399
-17.13
Mexico
7,417,600
-10.2
70,146,819
14.35
Taiwan (CN)
10,956,122
3.63
69,775,642
18.31
Malaysia
9,539,531
31.45
69,621,881
12.61
Italy
9,188,909
-40.16
65,696,270
-9.61
The Philippines
10,060,131
34.34
61,713,804
-8.83
France
9,429,022
27.77
59,211,012
-5.29
Russia
8,536,011
27.21
56,241,722
5.99
Singapore
7,909,385
7.57
55,947,515
-14.7
Israel
4,520,635
-34.64
42,509,307
-32.18
Spain
6,276,637
22.73
41,931,627
-0.06
The U.A.E
4,804,855
-13.49
35,036,749
-28.29
Brazil
3,136,716
-15.36
33,051,434
-24.64
Portugal
5,371,610
37.39
30,570,314
-13.3
Colombia
4,663,479
-2.16
27,993,004
-18.24
Egypt
5,042,945
39.57
27,642,119
7.69
Denmark
5,984,110
20.43
26,408,885
8.12
Cambodia
6,082,240
79.37
19,928,878
41.78
India
1,929,188
-7.17
15,655,762
-4.95
Switzerland
2,014,037
20.24
15,067,326
-25.9
Poland
2,157,840
-3.21
13,762,812
6.55
Ukraine
2,261,934
62.45
13,153,185
46.99
New Zealand
828,576
-19.12
10,127,962
-7.35
Chile
1,341,802
-9.28
9,499,916
 
Sweden
1,541,568
8.47
8,582,079
-13.87
Iraq
1,751,173
35.32
8,157,114
49.74
Turkey
764,045
-22.56
6,040,652
0.38
Algeria
686,170
-49.75
6,004,537
 
Greece
744,103
8.43
5,772,531
4.89
Peru
515,501
-14.13
5,625,723
 
Sri Lanka
1,231,338
114.51
4,590,230
 
Norway
645,235
-3.42
4,344,233
 
Pakistan
712,436
34.53
3,988,385
-69.58
Romania
708,663
62.02
3,870,097
2.96
Kuwait
265,861
-35.01
3,864,840
-26.41
Panama
287,040
-25.99
3,548,430
 
Czech
269,136
-60.55
2,491,568
-32.71
Indonesia
123,444
 
1,707,133
-27.78
Brunei
139,478
4.14
1,178,222
35.59
Angola
102,570
85.21
796,736
 
Senegal
63,972
86.54
635,803
 
Saudi Arabia
 
 
172,650
-98.77
 
CK
Source: VITIC

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