Vietnamese shrimp and fish wait for the opportunity to boom in orders in the US and China markets
Seafood
Vietnam
Published Feb 1, 2023
Tridge summary
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in 2022, Vietnam's seafood exports to the Chinese market will increase sharply compared to 2021, although China applies the "Zero Covid" strategy. throughout the year, but businesses are familiar with and meet the country's quarantine requirements.
Original content
Data from the General Department of Customs shows that Vietnam's seafood exports to China in 2022 will reach 476,800 tons, worth $1.57 billion, up 32.7% in volume and 61.2% in volume. value compared to 2021. However, after a sharp increase in the first 11 months of 2022, Vietnam's seafood exports to the Chinese market decreased in the last month of the year due to the outbreak of the Covid-19 epidemic in China following the decision to relax epidemic prevention measures. . In 2022, the export of key seafood products to China will grow strongly compared to 2021 such as: pangasius increased by 30.1% in volume and 59.8% in value; shrimp of all kinds increased 33.2% in volume and 76.6% in value; dried fish increased by 71.4% and 80.8% respectively; ink of all kinds increased 27% and 49%. In 2023, Vietnam's seafood exports to China are expected to slow down, especially in the first half of the year. Although most Chinese people have adapted to Covid-19, demand is expected to remain low ...
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