Seafood exports in 9 months exceed 8.3 billion USD

VTV.vn - In the first nine months of the year, Vietnam's seafood exports exceeded 8.3 billion USD, up 15.5%, thanks to the growth of shrimp, tra fish and other seafood in many markets.

Illustration photo.

The Vietnam Association of Seafood Exporters and Producers (VASEP) said that in the past nine months, seafood exports brought in more than US$8.3 billion, up 15.5% over the same period, mainly thanks to strong growth in shrimp and tra fish exports in many markets.

Shrimp continued to be the mainstay, with a 9-month turnover of over 3.38 billion USD, up 20.3%, thanks to stable demand from the US, Japan, EU and increased orders in Asian markets. Pangasius also maintained its growth momentum and brought in over 1.6 billion USD, up nearly 10%.

The recovery of demand in China, the US and some Middle Eastern countries has helped strengthen the position of Vietnamese pangasius in the world market. Besides shrimp and pangasius, products such as marine fish, squid and octopus have also grown strongly.

China and Hong Kong (China) continue to be the largest markets for Vietnamese seafood. Although September slightly decreased, the cumulative nine-month figure still increased by 32.1%, reaching 1.76 billion USD, accounting for the largest market share. This market is considered attractive thanks to abundant demand and favorable logistics costs.

The US showed a slowdown in September when it decreased by more than 6%. However, in the first 9 months, exports to the US still reached 1.41 billion USD, up 6.8%. Uncertainties about anti-dumping taxes and strict requirements from the Marine Mammal Protection Act (MMPA) made it difficult for Vietnamese businesses to bring goods to this market.

Japan and the EU maintained a steady growth momentum: Japan reached 1.27 billion USD (up 15.6%), the EU reached 885 million USD (up 13.3%). Notably, Korea became a breakthrough market with an increase of nearly 50% in September and more than 13% in 9 months, reaching 645 million USD.

In addition, ASEAN and the Middle East have also emerged as potential "doorways". ASEAN reached 536 million USD (up 23.3%), the Middle East nearly 295 million USD (up 7.6%), September alone increased by more than 50%.

Source: https://vtv.vn/xuat-khau-thuy-san-9-thang-vuot-83-ty-usd-100251006154231773.htm