This was stated by the Vietnam Association of Seafood Exporters and Producers (VASEP).
Switzerland accounts for 0.5 percent of total shrimp import value in the world, mainly importing shrimp for domestic consumption. Each year, this country imports some 8,500 tonnes of shrimp.
Shrimp import in Switzerland was not stable during the 10 years (2007-2016), with the lowest import value in 2007 at 81.4 million USD and the highest in 2014 at 144.6 million USD. In 2014, the value of shrimp imports in this country reached the highest level because the price of shrimp worldwide increased significantly. From 2014 to 2016, the value of shrimp imports into the country showed a tendency to decline.
In the Swiss market, Vietnam has to compete with Ecuador and other Asian suppliers such as Bangladesh, Thailand and India, although Vietnamese shrimp is more affordable than European suppliers such as Germany, Denmark and France.
Frozen shrimp and sealed bags with processed shrimp are the two main products imported into Switzerland, of which Vietnam is the largest supplier of these two products.
VASEP said Switzerland offers free import duty on frozen shrimp for all five major sources -- Vietnam, Germany, Denmark, Ecuador and Bangladesh.
In the first three quarters of this year, shrimp imports to Switzerland totaled 87.6 million USD, a year-on-year increase of 17 percent. Vietnam remains the largest supplier, accounting for 59 percent of total Swiss shrimp imports, followed by Germany, Denmark, France and the Netherlands.
Switzerland ranks 10th among Vietnam’s main shrimp import markets, accounting for 1.03 percent of the Southeast Asian country’s total shrimp exports to all the markets.
As of November 15, 2017, Vietnam’s shrimp exports to Switzerland reached 34.3 million USD, up 17.3 percent over the same period last year.
VASEP suggested that in light of the current situation, Vietnam should take advantage of being the largest supplier of shrimp and the zero per cent tariff on exporting shrimp to Switzerland to maintain and promote exports to this market.
EXPORTS OF PROCESSED TUNA TO MEXICO CONTINUED THE RISE
As of the first half of Oct 2017, Vietnam’s tuna exports to Mexico reached US$10.73 million, up 80.1% over the same period last year. In 2017, tuna exports to markets grew positively, in which sales to Israel and Mexico showed the highest growth.
REBOUNDED IN VIETNAM CEPHALOPOD SALES TO CHINA
Through October this year, China stayed as the fifth largest market of Vietnam cephalopod, accounting for 6.8% of Vietnam's total export value to markets.
JAN-OCT 2017: UP IN VIETNAM TUNA EXPORTS TO EU
In the first 10 months of 2017, Vietnam’s tuna exports to the EU reached US$115.5 million, accounting for 23.7% of the total export value and increasing by 31.4% over the same period in 2016.
COMBAT IUU IN VIETNAM: 6 AMENDMENTS TO THE FISHERIES LAW AND 8 TASKS TO IMPLEMENT IMMEDIATELY
On Sep 11th 2017, Minister of Agriculture and Rural Development of Vietnam – Mr. Nguyen Xuan Cuong, Deputy Minister of MARD– Mr. Vu Van Tam and leaders of MARD, and leaders of Directorate of Fisheries (D-Fish) had a meeting with Ambassador Bruno Angelet, Head of Delegation of the European Union to Vietnam and EU Trade Counselors in Vietnam with an aim to discussing and sharing information on the implementation of EU’s recommendations on combating IUU fishing in Vietnam.
UP 53.3% IN VIETNAM CEPHALOPOD EXPORTS
Vietnam’s cephalopod exports from the beginning of this year were on the upward trend over the same period last year. As of Sep 2017, the figure totaled US$457.9 million, up 53.5% over the same period last year. Exports to top 9 major markets recorded the good growth over the same period in 2016. Supplies increased thanks to a rise in production and export volume, along with the flexibility of exporters in adjusting the structure of production and markets.