News

Vietnam's seafood export turnover dropped sharply

Seafood
Vietnam
Published May 31, 2023

Original content

According to the Vietnam Association of Seafood Exporters and Producers (VASEP), seafood export turnover in April 2023 continued to decline by 28% over the same period in 2022, reaching only 810 million USD. In the first four months of 2023, seafood exports reached over $2.6 billion, 31% lower than the same period in 2022. Some traditional markets of Vietnamese seafood, such as Europe, the United States, and China, have shown signs of sharp decline. In which, the United States decreased by more than 50%, China decreased by 37% ... At the seminar, many import-export businesses said that Japan and South Korea continue to be promising markets for Vietnamese agricultural and aquatic products in the coming months. However, Vietnam's fish, shrimp and some processed seafood products in the Japanese and Korean markets are under pressure to compete with similar products from Ecuador, India, and New Zealand... especially in terms of price. , models. Mr. Nguyen Hoai An, Chief Representative ...
Source: Vov
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