Seafood exports of Vietnam hit the billion-dollar mark for the third consecutive month

The Vietnam Association of Seafood Exporters and Producers (Vasep) said that after reaching a record of over $1.1 billion in April 2022 with a growth rate of over 50%, entering May 2022, export aquatic products could not maintain a hot growth rate, but still reached the USD 1 billion mark, 27% higher than the same period in 2021. Accumulated in the first 5 months of 2022, seafood exports brought in a turnover of over US$4.6 billion, up 42% over the same period in 2021. According to Vasep, seafood exports in May 2022 slowed down a bit compared to April, mainly due to shrimp products. In May, shrimp exports reached $416 million, up 19%, after a hot 47% increase in April. By the end of May, shrimp exports were estimated at $1.8 billion, up 38% and accounting for 39%. total seafood export turnover. Exporters said that shrimp exports in the first four months of this year increased dramatically for five reasons: a strong recovery in demand in markets, and enterprises' availability of ...