Welcome   Sponsored By
Subscribe | Register | Advertise | Newsletter | About us | Contact us
   


Image: Vasep / 21Food / FIS

Pangasius exports to CPTPP: Mexico and Canada regain their ´green growth´

Click on the flag for more information about Viet Nam VIET NAM
Wednesday, November 29, 2023, 07:00 (GMT + 9)

According to data from Vietnam Customs, accumulated in the first 10 months of this year, Vietnam's pangasius exports to CPTPP member countries' markets reached more than 200 million USD, down 28% over the same period last year, accounting for 13% of total exports. Vietnamese pangasius goes to markets.

Source: Vasep

Despite recording an increase in Vietnamese pangasius imports, the value of pangasius exports to CPTPP in October this year was not as high as a few previous months (March and August 2023 recorded a turnover of 23.4 million USD and 23.3 million USD).

In October 2023, Vietnamese pangasius exports to the markets of CPTPP member countries showed positive growth for the first time after 9 months of decline, with turnover reaching more than 23 million USD, up 4% over the same period last year. The overall growth in October was contributed by turnover growth from two member markets, Mexico and Canada.

Source: Stockfile FIS -->

In October 2023, Mexico still maintains its growth form, continuing to be the leading member in this market block in Vietnamese pangasius consumption, with more than 7 million USD, an increase of 10% compared to October 2022. . This country's import value in the first month of the fourth quarter of 2023 is also the highest level since the beginning of this year.

Regarding product structure, by the end of October 2023, Mexico purchased from Vietnam mainly frozen pangasius fillets with HS code 0304, accounting for 93% of the proportion, down 38% over the same period last year. . In September and October 2023, consumption of this product in Mexico grew positively by 36% and 12%, respectively, while the previous months had a double-digit decline.

Besides Mexico, Canada is also a country with impressive growth in October this year in importing Vietnamese pangasius. In October 2023 alone, Canada bought nearly 4 million USD of pangasius, an increase of 29% over the same period last year. Among them, frozen fillet products are still the most popular product segment in the country with the second largest area in the world. In October 2023, exports of frozen pangasius fillets to Canada reached 3 million USD, an increase of 20% over the same period. In the first 10 months of the year, Canada purchased nearly 27 million USD of this product, down 42% over the same period last year.

Source: 21Food

Other markets in the bloc such as Singapore, Japan, Australia,...mostly still witnessed a decline in Vietnamese pangasius imports in October this year. The trend of exporting pangasius to these markets this year is difficult to predict due to erratic increases and decreases. A typical example is Singapore when pangasius exports to this market grew well in the first 3 months of the year, then reversed and decreased in the following months.

There is still a lot of room in the CPTPP market for Vietnamese seafood, including pangasius. Choosing to produce value-added goods and taking advantage of import tax incentives under the CPTPP Agreement can also be options for many businesses to both stabilize jobs for workers and take advantage of processing capacity.

Author: Thu Hang | Vasep (Translated from the original in Vietnamese)


editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Brazil
Mar 5, 02:00 (GMT + 9):
Brazilian tilapia market
United States
Mar 5, 01:00 (GMT + 9):
Value of Maine lobster fishery rebounds in 2023 despite smallest catch in 15 years
Uruguay
Mar 5, 00:00 (GMT + 9):
IN BRIEF - Tsakos closing Montevideo naval operations
Luxembourg
Mar 4, 01:00 (GMT + 9):
IN BRIEF - Ancient deep-sea vampire squid found clutching its last prey after 183 million years is new species, study reveals
United States
Mar 4, 01:00 (GMT + 9):
IN BRIEF - Hundreds of thousands of juvenile Chinook salmon die in Klamath River while moving through dam
United States
Mar 4, 01:00 (GMT + 9):
IN BRIEF - New salmon study adds to evidence that pink salmon could be crowding out sockeye
Argentina
Mar 4, 01:00 (GMT + 9):
IN BRIEF - Prefecture again detected the Portuguese vessel Calvão fishing illegally
Iceland
Mar 4, 01:00 (GMT + 9):
Issuance of operating license to Arctic Sea Farm for fish farming in Ísafjörður
Peru
Mar 4, 01:00 (GMT + 9):
PRODUCE Authorizes Start of the First Anchoveta Fishing Season 2024 in the Southern Zone
Viet Nam
Mar 4, 01:00 (GMT + 9):
Tuna Exports Surge in the First Month of 2024
Canada
Mar 4, 01:00 (GMT + 9):
High Liner Foods invests $5 million in Norcod AS
United Kingdom
Mar 4, 00:50 (GMT + 9):
Norway–UK 2024 Seafood Summit galvanises seafood sector
Norway
Mar 4, 00:50 (GMT + 9):
Statistics │ Export │ Marine products (Mackerel, Herring, Capelan, Horse mackerel) │ Jan-2024
Norway
Mar 4, 00:40 (GMT + 9):
Statistics │ Exports: by country │ Frozen mackerel │ Aug/23-Dec/23
Norway
Mar 4, 00:30 (GMT + 9):
Statistics │ Exports │ Marine products (Salmon, Trout, Halibut, Redfish...) │ Jan-2024



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Agreement to increase scientific research on giant squid
Peru Agreement promotes work between the public and private sectors to guarantee the conservation and sustainable development of the giant squid (Dosiducus Gigas). The Ministry of Production (PRODUCE), th...
NFI Welcomes BlueNalu, Pioneers Cell-Cultured Seafood, Launches Sushi Council in Industry Firsts
United States The following is an excerpt from an article published by bnnbreaking: Learn how the National Fisheries Institute's strategic inclusion of BlueNalu and the launch of the Sushi Council are shaping the ...
Chubut's Shrimp Season Resumes After One-Month Pause
Argentina Vessels fishing north of Rawson continue to catch shellfish sizes L2 and L1; to the south similar sizes and somewhat smaller. The fishing production chain is slowly resuming. Yesterday, more than thir...
Southeast Pacific Squid Index: Giant squid (dosidicus gigas)
China In order to continuously enhance the ability to control squid resources and price influence, and conduct more accurate resource assessment and forecasting, the China Ocean Fisheries Association&n...
 

Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
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.
AquaChile S.A. - Group Headquarters
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
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
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Grupo Pereira Headquarters
Costa Meeresspezialitäten GmbH & Co. KG
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly 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
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 - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
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
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2024 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER