Vietnam's seafood exports have great potential in the Swiss market

Published 2022년 10월 3일

Tridge summary

Vietnam is the second largest seafood supplier to Switzerland, accounting for 11.3% of the country's total import turnover, according to the International Trade Center. The country's exports to Switzerland include mainly frozen shrimp and pangasius. Switzerland is a potential market for Vietnam as it has a developed economy and relies heavily on imported seafood to meet its consumption demand. The country requires high quality imported products and has a strict import licensing regime to ensure health, hygiene, and food safety requirements. Swiss consumers are also willing to pay extra for products with eco-labels that meet health and environmental requirements.

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

Original content

According to statistics of the International Trade Center (ITC), Vietnam's seafood market share is accounting for 11.3% of the total import turnover of Switzerland. Vietnam is currently the second largest seafood supplier to Switzerland, after Norway. Vietnam's seafood products exported to Switzerland are mainly frozen shrimp and pangasius. The remaining seafood exports include frozen tuna, frozen clams, frozen eel... Of which, frozen shrimp accounted for 80.8%; Frozen pangasius accounted for 17.4% of total seafood export value to Switzerland. According to the Import-Export Department (Ministry of Industry and Trade), Switzerland is a potential seafood export market of Vietnam. Although the area and population are not high, Switzerland is a country with a developed economy. Meanwhile, the domestic seafood supply only meets about 12% of the consumption demand, so this market has to depend mainly on imported seafood. Every year, Switzerland imports about 75,000 tons of fish and over ...

Source: Vov