MEKSEA.COM – Vietnam’s shrimp export in the first 2 months of this year reached 415 million USD, up 24% compared to yoy. Exports to the Chinese and US markets recorded growth rates of 143% and 26% respectively compared to the same period. Shrimp exports in February 2024 decreased by 11% to reach 173 million USD […]

MEKSEA.COM – According to Vietnam Customs data, in January 2024, Vietnamese pangasius exports to various markets reached 165 million USD, doubling compared to the same period in 2023. The export turnover of pangasius to China and Hong Kong reached 52 million USD, quadrupling compared to January 2023. Specifically, China purchased over 48 million USD worth […]

MEKSEA.COM – In the first month of 2024, Vietnam’s tuna exports to the EU continued to soar compared to the same period in 2023, with a growth rate of 96%, reaching over 17 million USD. Exports to most markets within this bloc have seen significant increases.     Strong growth across all product groups According […]

MEKSEA.COM – According to Vietnam Customs data, in January 2024, Vietnam’s shrimp exports to Japan reached over $37 million, an increase of 30% compared to the same period in 2023. In the first month of the year, Japan was Vietnam’s third largest shrimp export market after the US, China, and Hong Kong, accounting for 15.4% […]

MEKSEA.COM – Entering the post-Covid era, once again transportation costs are escalating, but under different circumstances. The crisis that emerged in late 2023 is posing new challenges for global freight industries. As shippers strive to find solutions and alternative routes, an interesting development is the proposal for a land bridge through the Middle East. Dubbed […]

MEKSEA.COM – Canned fish is set to take the spotlight in 2024. The canned fish industry has been experiencing a growing trend in retail sales in the United States, reaching a revenue of $2.7 billion in 2023.     Canned fish has become an increasingly popular food trend in the US market, with numerous companies […]

MEKSEA.COM – Tuna became the most consumed seafood in the UK in 2023, surpassing salmon, according to a study published by Seafish, the UK’s seafood authority. Seafish, which supports the seafood industry, attributed this shift to “consumers feeling the strain as daily living costs rise.”     Other significant findings from the report revealed that […]

MEKSEA.COM – The tension in the Red Sea has led to several shipping companies announcing an increase in freight rates starting from January 2024. Due to the impact on safety and transportation routes, major shipping lines such as Yang Ming Line, One, Evergreen Line, HMM, Maersk, and others have notified additional fees for route changes […]

MEKSEA.COM – Seafood export revenue in 2023 was estimated to reach 9.2 billion USD, equivalent to 92% of the annual target, according to the Department of Fisheries at the Ministry of Agriculture and Rural Development.     Shrimp is the largest contributor to total export turnover, with about 3.45 billion USD, followed by pangasius with […]

MEKSEA.COM – According to Vietnam Customs data for November 2023, the export of Vietnamese pangasius to China and Hong Kong continued to show positive growth, reaching over 39 million USD, a 28% increase compared to last year. Specifically, the export value to China was over 36 million USD, representing a 29% growth compared to November […]