Vietnam: June seafood exports hit yearly high

Published 2024년 7월 10일

Tridge summary

In June 2024, Vietnam's seafood exports experienced a 14% increase from the previous year, totaling $875 million and marking the highest monthly export value since the beginning of 2024. The first half of the year saw a 7% increase in seafood export revenue from the same period in 2023, generating over $4.4 billion. Key products such as pangasius, tuna, and crab experienced significant growth, while squid and octopus saw a slight decline. The EU market saw the highest growth, with a 40% increase in June. China is the largest market for Vietnamese lobster, which saw a dramatic increase in exports. The US market shows promising signs for seafood exports. Vietnam aims to remove the 'yellow card' warning from the EU market by the end of the year.

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

Original content

Seafood exports for June 2024 are estimated to have reached $875 million, marking a 14% increase compared to the same period last year and the highest monthly export value since the beginning of 2024. Lobster exports experience surge According to the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood exports for June 2024 totaled approximately $875 million, reflecting a 14% increase from last year. This month recorded the highest export value since the start of 2024. This achievement brought the total seafood export revenue in the first six months of the year to over $4.4 billion, a near 7% increase from the same period in 2023. Exports of most key products saw significant growth in June, with pangasius exports rising by 22%, tuna by 40%, and crab by 59%. Shrimp exports saw a modest increase of 7%. Squid and octopus were the only products to experience a slight decline compared to the previous year. For shrimp, the first half of the year generated more than ...

Source: WTOCenter