Focus on promoting Vietnam's seafood exports to China

Published Oct 16, 2023

Tridge summary

In September 2023, seafood exports in Vietnam showed signs of recovery, with shrimp and tuna exports reaching levels equivalent to the previous year. The US and China, the two main markets, have increased demand, leading to positive growth in exports to these countries. However, pangasius exports to China have decreased, but the market is gradually recovering, with exports reaching a higher level compared to the same period in 2022.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Key markets According to Ms. Le Hang, Communications Director of the Vietnam Association of Seafood Exporters and Producers (VASEP), in September, a number of key seafood products regained balance compared to same period last year. In particular, shrimp and tuna exports in September both reached levels equivalent to September 2022. Notably, the recovery of pangasius products with a positive growth rate of 9% compared to the same period last year. For shrimp products, export results in recent months have shown signs of recovery compared to previous months. The two main markets, the US and China, have begun to increase demand and exports to these two powers have both recorded positive growth in the past 2 months. By the end of September 2023, exports to the top 3 largest markets, the US, China and Japan, all exceeded the 1 billion USD mark. In particular, the China - Hong Kong market brought Vietnamese seafood 1.15 billion USD in foreign currency in the first 3 quarters of the year, ...
Source: Vinanet

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