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Occupying a unique position in United States, Vietnamese seafood confidently collects 11 billion USD

Updated Nov 29, 2022
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), with positive results by the end of the third quarter, seafood exports in 2022 could reach nearly 11 billion USD, a record number.
According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), by the end of October, the country's seafood exports had reached over US$9.4 billion, up 33% over the same period last year. Notably, the export turnover of key industries recorded double-digit growth compared to the same period last year. Accordingly, 77% is the impressive growth of the pangasius industry with a turnover of 2.1 billion USD in the past 10 months, helping this industry increase its proportion in the structure of main export products, accounting for nearly 23%. Pangasius export prices increased the most, 50% over the same period and the opportunity to increase market share due to the Russia-Ukraine conflict, which limits the supply of white fish, are the two main factors that boosted pangasius exports in 2018. last time. For the shrimp industry, although it still increased by 18% and brought the highest export value of nearly 3.8 billion USD, the proportion of this ...
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