70th anniversary of Hanoi's Liberation Day Vietnam - Asia 2023 Smart City Summit Hanoi celebrates 15 years of administrative boundary adjustment 12th Vietnam-France decentrialized cooperation conference 31st Sea Games - Vietnam 2021 Covid-19 Pandemic
Apr 28, 2022 / 18:56

Vietnamese pangasius enterprises seek opportunities at 2022 Global Seafood Expo

The world’s largest seafood fair runs from April 26 to 28 in Barcelona, Spain.

Twenty-eight Vietnamese seafood enterprises are seeking business opportunities at the 2022 Global Seafood Expo in Barcelona, which is being held again ​​after three years of interruption due to the Covid-19 pandemic.

 The 2022 Global Seafood Expo is taking place in Barcelona, Spain. Photo: Seafoodexpo.com

Among the participating seafood enterprises, there are nine specializing on shrimp trading, seven on pangasius, four on tuna and eight on seafood processing.

Some typcial names are An My Fish Joint Stock Company, Ben Tre Import Export Joint Stock Corporation and Camimex Group.

According to the Vietnam Association of Seafood Exporters and Producers (Vasep), Spain is still the leading country in Europe in terms of production, consumption and trade of frozen seafood. This is also the gateway which opens to many other markets in this area.

In the first quarter of 2022 (Q1), after more than three dismal years for pangasius exports to this market, the export value increased by 67.5%, reaching nearly US$4.9 million. Spain is the 4th largest export market of Vietnamese pangasius  in the EU.

In Q1, there were about 20 Vietnamese pangasius enterprises exporting to Spain, the largest among them are C.P Vietnam JSC in Ben Tre, Navico and Vinh Hoan Corporation.

Since last month, Spain and the EU have imposed sanction measures on Russia over the Russia-Ukraine conflict, including banning white fish imports from Russia and prohibiting Russian ships from docking in EU ports. 

As such, the EU's whitefish fishing industry is facing other difficulties including a surge in fuel oil prices and lack of shipping containers. Spain is the leading seafood trader of Europe and a wholesale market in this continent.