Where is the EU in the picture of Vietnam's seafood exports?
Seafood
Vietnam
Published Oct 31, 2022
Tridge summary
In the context of a volatile year such as war, inflation, currency devaluation, the concern of seafood enterprises will become even more serious if the IUU yellow card has not been removed or the situation worsens. for Vietnam's fishing industry if it is warned of a red card.
Original content
After 5 years of being warned of a yellow card, where is the EU in the picture of Vietnam's seafood exports? According to Customs statistics, by the end of the third quarter of this year, the EU27 market bloc accounted for 12% of Vietnam's seafood export value, ranking fourth after the US, Japan, China - Hong Kong. In the picture of export value of $ 8.5 billion with all green growth in the first 9 months of 2022, the EU market also contributed a bright color gamut with a value of $ 1 billion, up 40% compared to the previous year. same period in 2021. In particular, by the end of the third quarter, with 272 million USD, exports of marine products accounted for only 26% of seafood export value to the EU market, up 29%. Meanwhile, aquaculture exports to this market accounted for 74% with 771 million USD, a sharp increase of 45%. The impact of the IUU yellow card is more obvious this year, when the Russia-Ukraine conflict caused gasoline prices to skyrocket, fishermen in the ...
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