Tridge summary
Vietnam's aquatic product exports have decreased by 21% compared to the same period last year, with shrimp being the most exported product, followed by pangasius and tuna. The export value of shrimp has decreased by 24%, pangasius by 29%, and tuna by 22%. The United States, Israel, Thailand, Japan, Canada, and Germany are the top markets for Vietnam's tuna exports, with the US market experiencing a sharp decline of 41% in the first nine months of 2023.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to the Vietnam Association of Seafood Processing and Exporting (VASEP), as of the end of October 2023, Vietnam's aquatic product exports have dropped 21% compared with the same period in 2022, with a total value of US$7.4 billion. The export value of aquatic product types is lower than the same period in 2022 level. Shrimp is Vietnam's most exported aquatic product, with an export value of US$2.8 billion, a decrease of 24% from the same period last year. Followed by the export value of pangasius, which reached US$1.5 billion, a decrease of 29% from the same period last year. The third largest export value is tuna. Export value was US$693 million, down 22% from the same period last year. Among them, in terms of tuna exports, the decline in 10 months this year was narrower than the decline in nine months, from 24% to 22%. The top five markets for Vietnam's tuna imports are the United States, Israel, Thailand, Japan, Canada and Germany. Among them, Vietnam's tuna ...
Source: Foodmate
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