Vietnam, the United Kingdom, and China became the largest markets for frozen cod in October. For the second consecutive month, Vietnam has been the largest market for frozen cod. Vietnam also became the market with the highest growth in value in October: exports increased by 83 million Norwegian kroner, or 411%, compared to the same month last year. The volume of exports to Vietnam amounted to 1,182 tons, which is 287% more than in the same month last year. Vietnam is primarily a processing market, and most of the production is processed and re-exported as fillets to Europe and the United States. "The reason for the strong growth in Vietnam is probably mainly related to the high U.S. tariffs against China. Both China and Vietnam export a large volume of frozen cod fillets to the U.S., and import tariffs from Vietnam to the U.S. have been lower than import tariffs from China for several months. This has helped increase Vietnam's competitiveness in the U.S. market and increased ...