Vietnam suddenly collected 40 million USD by selling a popular fish to the US and Japan
Herring
Japan
United States
Vietnam
Published Apr 5, 2022
Tridge summary
According to information from the Vietnam Association of Seafood Exporters and Producers (VASEP), the US, Thailand, Japan, and South Korea are the markets that are buying a lot of herring from Vietnam, a species of fish that is abundant in Vietnam. central coast. VASEP said that while raw materials for many seafood species are scarce, herring and anchovies are still Vietnamese products available for domestic fishing.
Original content
Especially in the first months of this year, fishermen in the central provinces have a lot of herring, creating a source of raw materials for processing enterprises to export to markets. In 2021, Vietnam's herring export turnover to markets will reach 37.5 million USD, down 9% compared to 41 million USD in 2020. There are 30 markets that are buying herring products from Vietnam, but the top 5 markets account for a dominant proportion, nearly 76% of export value are the US, Thailand, Japan, Korea and Australia. Notably, herring exports to Thailand in 2021 increased to 60%, herring products exported to Thailand are mainly canned fish. In 2021, herring exports to Japan will reach 7.8 million USD, equivalent to 2020. As exports to the US market decreased from over 12 million USD in 2020 to 6.3 million USD in 2021, Japan became the largest market in the past year. Herring products exported to Japan are mainly spiced fillets and some canned fish products. In the first two months of ...
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