Vietnam's seafood exports to China in the first three months of the year saw a remarkable growth, especially with dried anchovies and dried squid.

Published 2021년 4월 17일

Tridge summary

Vietnam's seafood exports to China experienced significant growth in the first quarter of 2021, with increased shipments of dried anchovies and dried squid contributing to a 15.9% value increase despite a drop in frozen pangasius and shrimp exports. The US, Japan, Korea, and China remain Vietnam's top seafood export markets, with the US seeing a 5.4% rise in imports and an increase in its seafood imports from several countries, including Vietnam. This provides opportunities for Vietnamese shrimp exports to Australia, which has a high consumption per capita and requires zero tariffs on shrimp under the CPTPP. However, Vietnamese seafood exporters to Australia must ensure compliance with the country's stringent biosafety, food safety, and hygiene standards.

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

Original content

Vietnam's seafood exports to China in the first three months of the year saw a remarkable growth, especially with dried anchovies and dried squid. Specifically, according to statistics of the General Department of Customs, Vietnam's seafood export to China in the first 2 months of 2021 reached 25,300 tons, worth USD 71.1 million, up 22.3% in volume and increase 15.9% in value over the same period in 2020. Seafood exports to China in the first 2 months of 2021 increased mainly due to the sharp increase in dried anchovies and dried squid, while the export of frozen pangasius and shrimp decreased. In the first 2 months of 2021, frozen pangasius was the commodity with the largest volume and value exported to China, reaching 11,000 tons, turnover of 20.05 million USD, down 8.4% in volume and down. 5.9% in value over the same period in 2020. Export of frozen shrimp to China reached 2,300 tons, worth $ 15.6 million, down 15.8% in volume and 14.8% in value over the same period in 2020. ...

Source: Danviet