Vietnam's surimi exports fell more than 9% in the first half of 2020

Published 2020년 8월 2일

Tridge summary

In the first half of 2020, Vietnam saw a 97.5% share of its fish ball and surimi exports going to eight major markets, including ASEAN, Korea, China, Japan, Russia, EU, Taiwan, and the US. Despite a decrease in exports to most markets compared to 2019, there was an increase in exports to China, Taiwan, and the US. ASEAN remained the largest importer, but the export value to this market decreased by 21.4% compared to the same period in 2019. Vietnam also experienced growth in exports to China and the US, with exports to China increasing by 24.6% and to the US increasing by 75%.

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

Original content

Accordingly, ASEAN, Korea, China, Japan, Russia, EU, Taiwan and the US continue to be the eight largest import markets for Vietnamese fish ball and surimi in the first half of 2020, accounting for 97.5%. total export value of fish cakes, surimi. Compared to the same period in 2019, Vietnam's export of fish cakes and surimi to these markets mostly decreased. In the eight main import markets, exports of fish cakes, surimi from Vietnam to China, Taiwan and the US increased, exports to the remaining markets decreased. ASEAN remained the largest importer of fish cakes and surimi in Vietnam this quarter. The value of exports to this market as of June this year reached 45.9 million USD, down 21.4% over the same period in 2019. This year, Vietnam's exports of fish cakes and surimi to ASEAN are not stable. However, the proportion of this market in the first half of this year has increased to 33% from 30% in the same period last year. Despite the great influence of the ...

Source: CafeF