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


Photo courtesy from VASEP

Vietnam pangasius exports to Canada increased by 69%

Click on the flag for more information about Viet Nam VIET NAM
Thursday, May 19, 2022, 06:50 (GMT + 9)

In the first half of this year, Vietnam frozen pangasius exports to Canada are forecasted to be optimistic and promising to achieve new growth. As of mid-April 2022, the total export value of Vietnam's pangasius to this market reached 17.2 million USD, up 69.4% over the same period last year.

Currently, in the CPTPP bloc, Canada is the second-largest export market for Vietnam’s pangasius enterprises. This is the seafood market with good prices and stable growth in North America. Traditionally, Canada had close trade relations with the US and China; the products were mainly from the sea. However, in the past 3 years, Canada’s importers began to seek and promote imports of aquaculture seafood products, including pangasius and tilapia.

So far, Canada has been a regular export market for more than 30 of Vietnam’s pangasius companies. Particularly, in QI/2022, the 3 pangasius exporters with the largest export value to this market are Vinh Hoan Corp; NTSF Seafoods, and TG Fishery.

In the past 2 years, Vietnam's pangasius exports to Canada have slowed down due to the impact of Covid-19. But in the first quarter of this year, pangasius exports to this market increased sharply again. The average export price of frozen pangasius fillets is relatively good, ranging from 3.15 to 3.35 USD/kg.

Compared to other markets in the CPTPP, Canada imports diverse products such as frozen pangasius fillets, frozen pangasius steak/portions, dried pangasius bubbles, whole butterfly pangasius, pangasius with curry sauce; pangasius with lemon parsley sauce; pangasius with ginger sauce.

    

Photo: VASEP

Currently, Vietnamese pangasius is still competing with many other whitefish products in Canada, notably cod fish, haddock and tilapia products. However, in recent years, Vietnam’s pangasius products have been gradually taking up the market share of whitefish products.

Due to proximity and close trade relations, the US remains the most significant market of Canada's seafood trade. Therefore, both Canada's seafood exports and imports tend to be affected by changes in the US economy as well as in the US’ consumer demand and seafood trade policies.

At least in 2022, pangasius exports to the US are forecasted to be optimistic and this trend is similar to exports to Canada. Hence, Vietnam’s pangasius enterprises need to take advantage of this opportunity and further promote exports to Canada, the seafood import market with high prices in North America. 

Author / Source: Compiled by Phuong Linh / Vasep

editorial@seafood.media
www.seafood.media


 Print


Click to know how to advertise in FIS
MORE NEWS
Peru
Jun 29, 07:00 (GMT + 9):
PRODUCE authorize the extraction of bonito for vessels with fishing permits
Seychelles
Jun 29, 07:00 (GMT + 9):
Investigation into ammonia leak on Spanish tuna vessel begins in Seychelles
Australia
Jun 29, 07:00 (GMT + 9):
Tassal entry is not Cooke’s first rodeo
Argentina
Jun 29, 04:50 (GMT + 9):
New shrimp prospecting and closure of subarea 15
Norway
Jun 29, 04:00 (GMT + 9):
The Norwegian Pelagic Fishing Course in Week 25
Argentina
Jun 29, 00:00 (GMT + 9):
Other Media | Industrias Pesqueras: CeDePesca affirms that the certification of Argentine shrimp is
Argentina
Jun 28, 10:30 (GMT + 9):
Exports with a slight drop in May
Norway
Jun 28, 07:00 (GMT + 9):
Successful smolt release
South Korea
Jun 28, 07:00 (GMT + 9):
Corean import of frozen boiled welk meat
China
Jun 28, 07:00 (GMT + 9):
Fujian's first abalone processing industrial park settled in Putian Xiuyu
Russian Federation
Jun 28, 07:00 (GMT + 9):
Japan will not fish for salmon in the economic zone of the Russian Federation
New Zealand
Jun 28, 07:00 (GMT + 9):
NZ King Salmon's Blue Endeavour may require a capital raise
United States
Jun 28, 07:00 (GMT + 9):
Current Foods Closes $18M Seed Round to Launch Plant-Based Smoked Salmon into Retail
European Union
Jun 28, 01:00 (GMT + 9):
Unilateral quotas on mackerel established by Norway and Faroe Islands
Japan
Jun 28, 00:50 (GMT + 9):
Frozen tuna presentation │ Toyosu Market │ until 21-June-2022



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Patagonian toothfish: US-UK diplomatic friction over fishing off the Falkland's
United States The following is an excerpt from an article published by Associated Press: MIAMI (AP) — It's one of the most expensive fish in the world. It sells for $32 a pound (450 grams) in Whole Foods s...
The Argentine Government denounces British ships for illegal fishing in the vicinity of the South Georgia Islands
Argentina The Foreign Ministry warned about the irregularity and considered that the United Kingdom does not comply with the regulations The Argentine Foreign Ministry denounced today that British-flagged fi...
Exports with a slight drop in May
Argentina According to data provided by CAPECA, foreign sales registered a 1.6% decline compared to the same period in 2021. In the first 5 months of 2022 there were sales of 674 million dollars. The biggest fa...
Pacific fishery council recommends tuna catch limit
Guam The Western and Central Pacific Fishery Council has recommended setting a 2023 catch limit of 2,000 metric tons of bigeye tuna each for Guam, the Northern Marianas and American Samoa. “Each U...
 

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 - 2022 Seafood Media Group Ltd.| All Rights Reserved.   DISCLAIMER