News

Japan is Vietnam's largest seafood importer

Seafood
Vietnam
Published Apr 14, 2023

Tridge summary

Specifically, seafood exports to Japan increased mainly from exploited seafood products such as: squid, scad, pollock, tuna, mackerel, etc. Regarding the US market, consumption was mainly in the segment. Frozen products. With this segment, Vietnam is under great competitive pressure in terms of both supply and price with other countries such as India, Ecuador, and Indonesia.

Also in the first quarter, seafood exports to China reached nearly 255 million USD, down 22%. According to the Vietnam Association of Seafood Exporters and Producers, China will become the largest export market of Vietnam's seafood, but the competitive pressure is great because exporters in other countries are also focusing on Vietnam. enter this market after opening.

Exports to major markets in the European Union, the US, Japan and South Korea are difficult to break through because inflation causes consumers in these countries to tighten their spending and the average export price decreases compared to the same period last year.

Original content

Specifically, seafood exports to Japan increased mainly from exploited seafood products such as: squid, scad, pollock, tuna, mackerel, etc. Regarding the US market, consumption was mainly in the segment. Frozen products. With this segment, Vietnam is under great competitive pressure in terms of both supply and price with other countries such as India, Ecuador, and Indonesia. Also in the first quarter, seafood exports to China reached nearly 255 million USD, down 22%. According to the Vietnam Association of Seafood Exporters and Producers, China will become the largest export market of Vietnam's seafood, but the competitive pressure is great because exporters in other countries are also focusing on Vietnam. enter this market after opening. Exports to ...
Source: Vov
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