Vietnam ranks fifth among aquatic product suppliers for Singapore

Vietnam jumped one place to become the fifth largest exporter of aquatic products to Singapore for the first time in the first quarter of this year, according to its Trade Office in the city state. Vietnam’s aquatic exports to Singapore reached over 24 million SGD (17.64 million USD) during January - March, gaining a market share of 8.58 %. Statistics from the Singaporean corporate regulatory authority showed that during the time under review, the country imported nearly 340 million SGD worth of aquatic products from nearly 100 countries and territories, a decrease of 5.67% from the same period in 2023. It mainly imported shrimp, crab, crustacean, fresh fish, chilled fish, fish fillet, frozen fish, and mollusc. The top exporters of aquatic products to Singapore during the period were Malaysia with a 13.6% market share, Norway 11.45%, Indonesia 11.13%, China 10.15%, Vietnam 8.58%, and Japan 8.34%. Counsellor Cao Xuan Thang, head of the Vietnam Trade Office in Singapore, said ...