Trang tiếng Việt
Vietnam’s tilapia exports estimated to reach USD45m

VIETRADE - The Vietnam Association of Seafood Exporters and Producers (VASEP) estimates that the country’s tilapia exports will reap a revenue of USD 45 million this year, 32% higher than the previous year.

 

Vietnam’s tilapia exports have seen strong growth over the past decade or so, increasing from US$1.95 million in 2004 to more than $32.2 million in 2014. Import markets also rose from eight countries in 2005 to 68 countries in 2015 – of which America, Colombia and EU are the largest importers. But the exports remain relatively low compared with the potential, according to the Directorate of Fisheries. Around 23 percent of the tilapia exported from Vietnam was shipped to the U.S., its largest importer. Vietnam is currently the third largest exporter of tilapia to the U.S., according to VASEP, with a share of 10 percent, after mainland China and Taiwan. Vietnamese tilapia exports to the U.S. were worth more than USD 2 million (EUR 1.8 million) in the first half of this year, tripling from the same period last year.

 

By the end of 2014, Vietnam had about 16,000 hectares of tilapia farms which produced 125,000 metric tons of fish. In the same year, exports of the fish - in various forms, including frozen whole fish, skin-on fillet and skinless fillets - reached $32m. In 2016, according to the Department of Aquaculture, total area of tilapia farming reached 25,700 ha, generating an annual production of 187,000 tons. Vietnam’s northern delta and south-western delta are two major tilapia production areas.

 

Although tilapia accounted for a modest percentage in the country’s fishery exports, its room for growth and becoming a major fishery export product was high and forecasts were positive. Nguyen Ba Son, from Vietnam’s Directorate of Fisheries, said the country was planning to develop tilapia into a major fishery given the country’s advantages in raising this type of fish, and anticipated high demand at home and globally. On May, 6th 2016, the Ministry of Agriculture and Rural Development (MARD) issued Decision No. 1639/QD-BNN-TCTS on approving the development plan for tilapia farming by 2020, driven by 2030. The purposes of the plan are:  to develop the sector effectively and sustainably with diversified products to meet domestic consumption demand and exports; produce enough high-quality tilapia seeds for commercial products; control diseases in the production; and create jobs and raise incomes for farmers.

 

According to the plan, by 2020, Vietnam expected to reach 33,000 hectares in the farming area of ​​tilapia and 1.5 million cubic meters in farming cages in rivers and large reservoirs. Besides, tilapia output planned to hit 300,000 MT in which 50-60% of the total can meet standards for exports. The country expected to produce 100% of disease-free seeds for commercial products and create jobs for about 54,350 direct labors and 5,000 indirect labors.

 

By 2030, the country expected to reach 40,000 hectares in the farming area of ​​tilapia and 1.8 million cubic meters in farming cages in rivers and large reservoirs. Besides, tilapia output planned to hit 400,000 MT; 45-50% of which will be exported. The country expected to produce 100% of disease-free seeds for commercial products and create jobs for about 67,500 direct labors and 8,000 indirect labors.

 

However, according to MARD, tilapia production and consumption in Vietnam face many challenges, most notably of which are issues related to lack of high quality and disease-resistant seeds.



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