Seafood exports fell to negative for the first time in Vietnam
Seafood
Vietnam
Published Dec 2, 2022
Tridge summary
Although November exports fell deeply, but accumulated from the beginning of the year to the end of November 2022, Vietnam's seafood exports reached 10.2 billion USD, an increase of nearly 28% compared to the same period in 2021. According to Ms. Le Hang , Communications Director, Vietnam Association of Seafood Exporters and Producers (VASEP), in November, exports of shrimp, pangasius, and tuna all decreased by 20-26% over the same period last year. Only squid, octopus and sea fish for export still maintained positive growth of 9% and 6%, respectively. By the end of November, pangasius exports still grew strongly by 63% to nearly 2.3 billion USD, shrimp earned over 4 billion USD, up 14%. Tuna is the industry with the second largest growth with 40%, reaching 941 million USD. Export of squid and octopus also increased strongly by 30%, reaching 704 million USD. The US market contributes the largest amount of foreign currency to Vietnamese seafood with over US$2 billion, up nearly 10% over the same period in 2021. Exports to China - Hong Kong and the Japanese market achieved similar sales. , about 1.6 billion USD.
Original content
Although November exports fell sharply, but accumulated from the beginning of the year to the end of November 2022, Vietnam's seafood exports reached 10.2 billion USD, up nearly 28% over the same period in 2021. According to Ms. Le Hang, Communications Director, Vietnam Association of Seafood Exporters and Producers (VASEP), in November, exports of shrimp, pangasius and tuna all decreased by 20-26% compared to the same period last year. . Only squid, octopus and sea fish for export still maintained positive growth of 9% and 6%, respectively. By the end of November, pangasius exports still grew strongly by 63% to nearly 2.3 billion USD, shrimp earned over 4 billion USD, up 14%. Tuna is the industry with the second largest growth with 40%, reaching 941 million USD. Export of squid and octopus also increased strongly by 30%, reaching 704 million USD. The US market contributes the largest amount of foreign currency to Vietnamese seafood with over US$2 billion, up nearly 10% over the ...
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