According to the Association of Seafood Exporters and Producers (VASEP), seafood exports to the US market hit a record of US$2 billion, up 27% compared to 2020, accounting for 23% of Vietnam's total seafood exports. In addition, exports to many markets had outstanding growth: the EU increased by 12%; Exports to South Korea increased by 6%, some countries in the CPTPP such as Australia increased 16%, Mexico increased 49%.
Original content
According to the Association of Seafood Exporters and Producers (VASEP), seafood exports to the US market reached a record of US$2 billion, up 27% compared to 2020, accounting for 23% of Vietnam's total seafood exports. In addition, exports to many markets had outstanding growth: the EU increased by 12%; Exports to South Korea increased by 6%, some countries in the CPTPP such as Australia increased 16%, Mexico increased 49%. Seafood exports to Russia increased by 21% thanks to the increase in the number of enterprises allowed to export to this market by 25 to 50 in the past year. The US market is recovering strongly in demand while the domestic seafood supply, which is already very low, usually only meeting 10% of domestic consumption, has been reduced because of production interruptions during COVID-19. Lack of raw materials, lack of labor, seafood prices in the US increased. Therefore, the demand for imported seafood is very large, especially shrimp and crab products... ...
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