Vietnam's fish cake and surimi exports continued to slump in July

Published Sep 24, 2024

Tridge summary

In July 2024, Vietnam's fish cake and surimi exports continued to decline, with a 3% year-on-year drop in export value to over 24 million USD. For the first seven months, the export value was 152 million USD, marking a 13% year-on-year decrease. The top five markets—South Korea, Thailand, China, Japan, and the European Union—accounted for over 78% of the total export volume, with exports generally declining compared to 2023, except for the European Union. The IUU yellow card issue has caused delays in production and export certification, exacerbating the difficulties in exporting these products.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to SeafoodMedia, in July 2024, Vietnam's fish cake and surimi exports continued to decline. The export value was only more than 24 million US dollars, a year-on-year decrease of 3%. In the first 7 months, the export value of this group of products was 152 million US dollars, a year-on-year decrease of 13%. Among more than 35 export markets, South Korea, Thailand, China, Japan and the European Union are the top five exporters of Vietnamese fish cakes and surimi, accounting for more than 78% of the total export volume. Exports to these markets have declined compared with the same period in 2023, except for the ...

Source: Foodmate