News

Seafood exports grow over 30% in Vietnam

Seafood
Vietnam
Published Sep 29, 2022

Tridge summary

According to Ms. Kim Thu, shrimp market expert of VASEP, seafood exports currently account for 37% of the country's total seafood export value. Seafood exports in August this year recorded a strong growth of 80% because at the same time last year, export processing enterprises had to reduce their capacity or stop working to prevent the Covid-19 epidemic.

Original content

Vietnam's seafood exports include the following product groups: other marine fish, accounting for 48% of Vietnam's total seafood export value); tuna (accounting for 26%); squid, octopus (17%); crabs, crabs and other crustaceans (5%); bivalve molluscs (4%) and the remainder other molluscs. In the first eight months of 2022, the export value of caught seafood products increased, except for other mollusk exports that decreased. Tuna exports recorded the strongest growth rate of 55% at USD 730 million. Exports of crabs, other crustaceans and squid and octopus increased by 37% and 36%, respectively. Exports of bivalve molluscs increased by 13%, exports of other marine fish increased by 23%. Only other mollusk exports decreased by 20%, but this product only accounts for a small proportion. According to Ms. Kim Thu's analysis, the export of other seafood products in August this year grew well compared to the same period last year. The export value of crabs, squid, octopus and marine ...
Source: Vinanet
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