Specifically, the Ministry of Industry and Trade estimates that in
May 2019, seafood export will reach 176 thousand tons, worth US$ 750
million, down 0.33% in volume and 1.64% in value over the same period in
2018. In general, in the first 5 months of 2019, seafood export
decreased by 1.82% in volume and 1% in value compared to the same period
in 2018, reaching 748.2 thousand tons, worth US$ 3.173 billion.
It is forecasted that in the coming time, exporting tra fish to big
markets like the US, Japan, ASEAN, etc. will increase, while exporting
to the Chinese market will be difficult. The US increase tariffs on
imported seafood from China will have a big impact on China's seafood
exports. Therefore, Chinese seafood products will turn to serve the
domestic market, especially tilapia. This may impact the demand for
Chinese tra fish imports.
In addition, China has approved for 33 Vietnamese seafood products to
be exempted from taxes when exported to China via Ha Khau border gate,
which includes many key seafood products of Vietnam. However, this
market is tightening requirements about the quality and origin of
products. China has invested in the construction and upgrading of
large-scale quality testing and quarantine rooms in border areas with
modern equipment, capable of being inferior to the facilities of the
developed countries such as the United States, Japan, EU, etc.
Under the plan, from October 1, 2019, shipments of food imported into
China must be attached with Health Certificate. Therefore, businesses
need to pay attention to the mode of production and export.
Specifically, attention should be paid to the new requirements for
quality, traceability as well as regulations and standards on packaging,
labeling and bar codes for sustainable export as well as improvement of
value added of products.
For shrimp products, exports will continue to face difficulties due
to intense competition in the market and prices are forecasted to
continue to be low. Since the beginning of 2019, the weather condition
has been quite favorable, the supply of shrimp from large
shrimp-producing countries such as India, Ecuador, and Indonesia has
increased compared to the same period in 2018. From June 2019, supply of
shrimp to the global market will increase sharply due to large
producing countries go into the harvest season such as Vietnam,
Thailand, China. Therefore, shrimp prices are expected to continue to be
VIFEP (D-FISH )