Viet Nam’s seafood sector recorded export revenues of 1.648 billion USD in the first six month of the year, a year-on-year increase of 17 percent. According to the Ministry of Fisheries, the figure represents the sector’s 46 percent of yearly target.
The European Union market topped the list of Vietnamese seafood importers with 24.4 percent of market share, followed by the US, 18.3 percent.
The Japanese market fell to the third place from its first position, registering 17 percent of market share.
Other importers include the Republic of Korea, 7.4 percent, Russia, 5.2 percent, China, 5.1 percent, ASEAN, 5.8 percent and other countries, 16.7 percent.
Frozen fish remains the sector’s top export item, posting a 49 percent increase in terms of volume and a rise of 35 percent in export value. It was followed by frozen shrimp, with increases of 16 percent and 39 percent in volume and value, respectively.
It is predicted that “tra” and “basa” catfish products continue to be a key factor to influence frozen fish exports.
However, strict measures should be applied to control the fast growing of tra and basa breeding in the Mekong Delta due to hike prices in the products, which has led to fry shortage and may harm the environment, said officials of the ministry.
Source: VNA
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seafood exports
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