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Vietnamese seafood exports have bright prospects in the Swiss market

Published Feb 7, 2024

Tridge summary

Switzerland, which consumes around 75,000-80,000 tons of seafood annually, is expected to see a 4.6% increase in demand this year, particularly for organic products. Vietnam, as the fourth largest supplier of seafood to Switzerland, is urged to invest more in seafood processing and organic exports. However, Vietnamese businesses must meet Switzerland's strict import licensing, high-quality product requirements, and comply with European and Swiss food labeling regulations. Notably, Switzerland is the largest consumer of seafood with the MSC (Marine Stewardship Council) standard. Trade between Vietnam and Switzerland exceeded US$1.85 billion in the last nine months of 2023.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Swiss market consumes about 75,000-80,000 tons of seafood annually, and Vietnam is the fourth largest supplier of seafood to Switzerland after Norway, France and the Netherlands, Tuong said. He said Switzerland's import demand for seafood is likely to increase by 4.6% this year, with consumption trends gradually shifting towards organic products. Therefore, Vietnamese businesses needed to increase investment in seafood processing and organic exports to take advantage of this consumption opportunity and at the same time strengthen ties with existing partners. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), businesses that intend to promote exports to this market must pay attention to product quality issues, as Switzerland requires very high quality products with a very strict import licensing regime to ensure health, hygiene and food safety standards products. All food products sold in Switzerland must comply with European and Swiss food ...
Source: Fishretail
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