Tridge summary
Experts are predicting that Vietnam's aquatic product exports will reach $10 billion this year, with the US, Japan, and South Korea being the main markets that are recovering. Tra fish exports have seen positive growth in September, with a 1% year-on-year increase compared to previous sharp declines. Members of the CPTPP, including Japan, Mexico, and New Zealand, have also reported increases in aquatic product imports ranging from 10% to 70%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
HANOI, 2nd November, 2023 (WAM) -- Vietnam’s aquatic product exports are expected to hit US$10 billion this year, the state news agency (VNA) quoted experts as saying. The country’s major markets, like the US, Japan and the Republic of Korea, are recovering, with the most positive signs seen in tra (pangasius) fish exports, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien. The Vietnam Association of Seafood Exporters and Producers (VASEP) said tra fish exports in September recorded positive growth for the first time since the beginning of this year, at 1% year-on-year compared with sharp decreases previously. Apart from the EU ...
Source: Wam
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