News

Seafood exports from Vietnam to United States reached over 1.1 billion USD

Seafood
Vietnam
United States
Published Jun 28, 2022

Tridge summary

The US holds the No. 1 position, accounting for 23% of Vietnam's seafood exports. The US is also the number one market for Vietnamese shrimp, accounting for 21% (particularly vannamei shrimp exported to the US accounted for 25%), with US tuna exports accounting for an overwhelming proportion of 54%. For pangasius, the US is the No. 2 market after China, accounting for 25.6%.

Original content

In the US market, except for molluscs with shells down 10%, exports of shrimp, pangasius, tuna and other key commodities all recorded a high growth compared to the previous year, especially pangasius with a high growth rate. 131% over the same period. There are 5 main factors that make pangasius exports to the US in the first 4 months of this year increase dramatically. These are: the US catfish production decreased, inflation was high, the anti-dumping tax in the POR17 period benefited many pangasius enterprises, the number of pangasius enterprises allowed to export to the US increased, the average export price of pangasius to the US peaked. … In the first 5 months of this year, whiteleg shrimp and black tiger shrimp exports to the US increased by 33% and 29% respectively over the same period last year. Vietnam is a leading supplier of meat shrimp to the US market. Total shrimp exports to the US reached nearly 390 million USD, up 32% over the same period last year. For tuna, ...
Source: Vinanet
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