VASEP: Seafood exports this year in Vietnam will exceed 11 billion USD
Seafood
Vietnam
Published Nov 27, 2022
Original content
This information was shared by Mr. Truong Dinh Hoe, General Secretary of VASEP at the seminar "Fishery industry 2023: Identifying challenges and solving the problem of decreasing orders, increasing interest rates", on November 26 in Ho Chi Minh City. According to Mr. Hoe, by November, the export turnover of this item is estimated to reach over 10 billion USD, it is expected that by the end of this year, the industry's turnover may reach 11 billion USD for the first time. The largest seafood import markets of Vietnam are the US, Japan, China and the European Union (EU). In which, the EU, the US and China accounted for 60% of global seafood trade and 50% of Vietnam's export turnover in the first 10 months of the year. Mr. Hoe said that all groups in the seafood industry grew at double-digit rates, averaging 18-77%. In which, the US reached over 2 billion USD for the first time, the UK became the 7th largest market. The picture in the first 11 months of the year is quite bright, but ...
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