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    Home > Food News > Food Articles > The epidemic severely hits Vietnam's export capacity of aquatic products

    The epidemic severely hits Vietnam's export capacity of aquatic products

    • Last Update: 2021-09-10
    • Source: Internet
    • Author: User
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    Vietnam's " Customs Online" reported on September 6 that according to a survey conducted by the Vietnam Aquatic Products Processing and Export Association (VASEP) , as of July this year, affected by the recovery of the global market, the order volume of Vietnamese companies has increased by 10-20% year-on-year .
    However, since August, the new crown epidemic has spread rapidly from Ho Chi Minh City to the western and southern provinces.
    The Jiulong River Plain area strictly follows the government's No.
    16 instructions for social isolation, so from raw material transportation to import and export procedures, C/O procedures, and ports.
    Procedures and other links are progressing slowly, which has a great impact on the production and delivery schedule of the enterprise .


     
    According to Xia He, a fish market expert at VASEP, as of the end of August, up to 40-50% of orders were delayed in delivery, and about 10-15% of orders were cancelled
    .
    In addition, many importers are very worried about the current situation, saying that they will still keep orders, but may consider looking for alternative sources of supply
    .
     
    To sum up, according to the surveyed companies, if the company resumes normal production after relaxing the social isolation measures (after September 15), the possibility of obtaining orders at the end of the year is not high and very limited
    .
     
    Due to the particularity of aquatic products, the source of raw materials greatly affects and determines the price of export products
    .
    In the past period of time, affected by the epidemic, social isolation, and travel restrictions, aquatic products companies were unable to mobilize raw materials, the raw materials were stranded, and the prices of many aquatic products fell sharply, causing people to stop fishing
    .
    It is estimated that there will be a 20-30% shortage of agricultural raw materials in the last few months of this year, and the price of raw materials will increase by 10-20%
    .
     
    For raw materials caught at sea, there are also many difficulties, because fishermen cannot go fishing, fishing ports are also restricted or suspended, and the price of raw materials has risen by 20-30%
    .
    Customs aquatic product processing and export investigation
     
    According to Xia He, a fish market expert at VASEP, as of the end of August, up to 40-50% of orders were delayed in delivery, and about 10-15% of orders were cancelled
    .
    In addition, many importers are very worried about the current situation, saying that they will still keep orders, but may consider looking for alternative sources of supply
    .
     
    To sum up, according to the surveyed companies, if the company resumes normal production after relaxing the social isolation measures (after September 15), the possibility of obtaining orders at the end of the year is not high and very limited
    .
     
      Due to the particularity of aquatic products, the source of raw materials greatly affects and determines the price of export products
    .
    In the past period of time, affected by the epidemic, social isolation, and travel restrictions, aquatic products companies were unable to mobilize raw materials, the raw materials were stranded, and the prices of many aquatic products fell sharply, causing people to stop fishing
    .
    It is estimated that there will be a 20-30% shortage of agricultural raw materials in the last few months of this year, and the price of raw materials will increase by 10-20%
    .
    Aquatic products
     
      For raw materials caught at sea, there are also many difficulties, because fishermen cannot go fishing, fishing ports are also restricted or suspended, and the price of raw materials has risen by 20-30%
    .
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