Vietnam: Seafood exports achieved revenue of nearly 5.8 billion USD in the first 6 months of 2022

Published 2022년 7월 2일

Tridge summary

Vietnam's seafood exports experienced a significant increase in the second quarter of 2022, with sales exceeding $3.2 billion, a 36% rise from the same period in 2021. The total seafood export revenue for the first half of the year is estimated to be nearly $5.8 billion, a 40% increase from the first half of 2021. The country saw growth in various seafood categories, including shrimp, lobster, pangasius, tuna, squid, and octopus. Notably, pangasius exports to the UK saw a sixfold increase, while to Spain, France, the Netherlands, Germany, and Belgium, they nearly tripled. Tuna exports to the US nearly doubled, but only increased by 9% to the EU. Bivalve molluscs, crabs, and other fish also experienced growth in their exports.

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Original content

Thus, in the second quarter of 2022, the country's seafood exports recorded sales of over $3.2 billion, nearly 36% higher than $2.4 billion in the same period in 2021. With the above results, by the end of the first half of this year. Vietnam's seafood export is estimated at nearly 5.8 billion USD, up 40% compared to the first half of 2021. According to VASEP, lacking raw materials for export processing, shrimp export sales in June 2022 only maintained a modest growth rate of 7% to $450 million. Accumulated in the first half of 2022, shrimp exports reached 2.3 billion USD, up 33% over the same period and accounting for 40% of total seafood exports. Export of processed vannamei shrimp in the first half of the year increased by 17%, while that of fresh/frozen shrimp increased by 21%. It is noteworthy that lobster exports grew at a record with nearly 130 million USD in the first half of the year, up 30 times over the same period last year. Despite inflation, the export of black tiger ...

Source: Vietstock