Vietnamese seafood export is expected to prosper from the second quarter

Published 2021년 4월 2일

Tridge summary

In the first two months of 2021, Vietnam's seafood exports experienced a slight increase, with a total value of $998.2 million, largely due to the top five enterprises contributing significantly to the sector. While shrimp exports saw a slight decrease, pangasius exports experienced a 5.5% drop. However, there was a 6.4% increase in overall seafood exports, reaching $423 million, with mollusk exports seeing a rise. The export momentum suggests a projected growth of 1.5% in March, with positive export signals expected to be maintained due to high demand and the benefits of free trade agreements such as EVFTA and CPTPP.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first two months of 2021, the total seafood export value reached US $ 998.2 million and a negligible increase compared to the same year last year. There are 530 seafood enterprises participating in export during this period. In which, top 5 enterprises with the largest export value include: STAPIMEX, VINH HOAN CORP, MINH PHU, SEAFOOD CORP, MINH PHU HAU GIANG and CASES. Shrimp export reached 376,168 million USD, down 1.9% Vietnam seafood export has 3 main commodity groups: Shrimp, pangasius and seafood of all kinds, in which, export turnover of shrimp and pangasius decreased separately. seafood export turnover of all kinds has increased. According to VASEP, by the end of February 2021, shrimp was still the most valuable export product in the structure of Vietnamese seafood products with a value of 376,168 million USD, accounting for 37.7% of the total export value of aquatic products. real. ...

Source: Vinanet