News

Seafood exports of Vietnam to China were forecasted to reach 1 billion USD in 2021

Seafood
China
Vietnam
Published Nov 16, 2021

Tridge summary

Accounting for 17 - 18% of Vietnam's seafood exports in the past 2 years with over 1.4 billion USD, China is in the top 3 import markets of Vietnamese seafood. However, because exports to this market decreased continuously from From the beginning of the year until now, so in the first 3 quarters of 2021, exports to China only account for 11% of Vietnam's total seafood exports.

Original content

According to Vasep.com.vn From April 2021, Vietnam's seafood exports to the Chinese market continuously decreased by 11-51% because of the strict control of imported frozen seafood at the main ports of this country, causing congestion and costly for exporters. Importing China, affecting the profit and demand of importers and Vietnamese export companies. Along with the Covid outbreak in Vietnam from mid-July, exports to China fell even further in the third quarter: down 36% in August and 51% in September. Seafood exports to China have continuously decreased, due to the strict control policy of corona virus on imported seafood, causing congestion at ports in China. Since the third quarter of 2020, China has repeatedly announced the detection of corona virus on frozen seafood packaging imported from a number of countries such as India, Ecuador, Russia, Argentina... so this country's Customs has announced that it will strengthen inspect and test imported frozen seafood to prevent the ...
Source: AgroInfo.vn

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