Seafood exports of Vietnam in 9 months reached 2.4 billion USD

Published 2021년 10월 24일

Tridge summary

Vietnam's seafood exports, earning 2.4 billion USD from a variety of products, have seen mixed results in the first nine months of the year. While the exports of fish (excluding tuna and pangasius), tuna, and squid, octopus experienced growth, other molluscs exports saw a significant decrease of 36%. The most notable growth was in bivalve molluscs exports, which increased by 39%. The main markets for squid and octopus include Korea, CPTPP, Thailand, EU, and China. However, due to social distancing measures to curb the epidemic, seafood exports have recently seen a decline, with a 24% drop in both August and September. The Vietnam Association of Seafood Exporters and Producers (Vasep) anticipates continued challenges and a decrease in production and exports in October.

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Original content

Vietnam's seafood export turnover of 2.4 billion USD comes from the following items: tuna; squid, octopus; crabs, crabs, crustaceans; bivalve molluscs; other mollusks; fish of all kinds (except tuna and pangasius). In the first 9 months of the year, the three products that accounted for the highest proportion of exports were: fish (except tuna and pangasius); Tuna and squid, octopus. However, in terms of growth, exports of bivalve molluscs increased the most with 39%, reaching 99.6 million USD. Meanwhile, exports of tuna and squid and octopus increased by 9% and 3% respectively over the same period in 2020. In contrast, exports of other molluscs fell the most (36%) while other fish and crabs decreased by times. 0.6% and 6% respectively. Top 5 biggest import markets of squid and octopus in the past 9 months of Vietnam include Korea (accounting for 41%), CPTPP (accounting for 24%), Thailand (accounting for 11%), EU (accounting for 10%), and China (accounting for 7%). Compared to the ...

Source: VNExpress