Seafood exports rise sharply

Wednesday, 11/05/2022 10:16
Vietnam earned more than 1 billion USD from seafood exports in April 2022, a year-on-year increase of 41%, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Seafood export exceeds 1 billion dollars in a month for first time

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Accordingly, the result of seafood exports in the first four months of the year is estimated at nearly 3.6 billion USD, up 44.5% year on year.

Vietnam earned more than 1 billion USD from seafood exports in April 2022.
(Photo: haiquanonline.com.vn)

In April, seafood exports to the US increased by about 79%, valued at 266 million USD; raising the value in the first four months of the year to 842 million USD, up 74% year on year.

Seafood exports to China this month saw two-fold increase, worth 216 million USD; raising the export value in the four months of the year to 578 million USD, up 94% year on year. Pangasius alone accounted for 53% of the total seafood turnover to the market.

In the four months, seafood exports to the EU, Japan, the Republic of Korea and many other markets all recorded double-digit growth. However, according to VASEP, the US and China will continue to occupy the majority, determining the growth rate of Vietnam’s seafood exports in the coming months.

Seafood exports in the second quarter are forecast to reach 2.8-3 billion USD, up about 36-38% over the same period last year./.

 

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