News about fish and seafood

Vietnamese shrimp exports, which showed recovery in 2016, began this year with a noticeable decline. In January this year, sales of shrimp from Vietnam to foreign markets in value terms decreased by 12.7 percent compared to January last year and amounted to $199 million.

Import of lobsters in the US is still superior to their export from the country both in volume and in value. Last year, the United States exported 55,553 tons worth $749.8 million, increasing sales by less than 1% in volume and 4% in value terms. In turn, in the US import of lobsters with a decrease of 7% and 5% in volume and cost, respectively, it was 61,367 tons in 2016, at the amount of $1.35 billion. 90% of the total amount of the US exports accounted for live lobsters. 50,195 tons worth $640.3 million of which were sold abroad, which is higher by 8% in volume and 12% in value than in 2015. Exports of these products in China and South Korea have increased, while deliveries in Italy, Spain, and Vietnam dropped.

Association of Southeast Asian Nations, currently the 4th largest importer of tuna in the world, is increasing the purchase of the product. In the first decade of last year, ASEAN countries delivered tunny-fish products worth $1.3 billion, up 25% exceeds the same period of 2015.

The leading positions among the biggest exporters of shrimp worldwide in 2016 stayed unchanged. Chinese, Ecuadorian, Indonesian, Indian, and Thai shrimps are the most popular in the countries that are unable to grow them. While the global stocks are stabilized, the shrimp suppliers in Asia struggled with a series of problems in the cropping season: unfavorable weather conditions, the problem of the spread of diseases, disadvantageous prices and a sales slowdown in the US.

As you know, Norway and Scotland are the largest salmon producers. But because of the terrible sea lice epidemic, the number of fish in specialized farms decreased by 9%. It led to the problems with the export of salmon and the price increase.