Vietnam: Seafood exports earned 2.7 billion USD in 4 months

Seafood exports in April 2024 reached 770 million USD, up 4% over the same period last year. In particular, a number of products such as tuna, pangasius, crab, and molluscs of all types recorded positive export growth over the same period. Shrimp products are only equivalent to April 2023, while squid, octopus and some other marine fish species are still lower than the same period. Cumulatively in the first 4 months of 2024, seafood exports earned 2.7 billion USD, up 6% over the same period in 2023. Specifically, in April 2024 shrimp exports reached 285 million USD, only equivalent to the same period in 2023 but this is still the month with the highest export value since the beginning of this year. Accumulated in the first 4 months of the year, the shrimp industry brought in sales of 971 million USD, 6% higher than the same period in 2023. According to assessments, shrimp exports to markets are showing signs of recovery because importers' inventories have decreased significantly, ...