11-month aquatic products export hit 7.57 billion USD
Illustrative image (Source: VNA)
Hanoi (VNA) – Export value of aquatic products is estimated at 728 million USD in November, bringing the 11-month value to 7.57 billion USD, up 18.3 percent annually, according to the Ministry of Agriculture and Rural Development.
The US, Japan, China and Republic of Korea (RoK) are the four leading importers, accounting for 58.2 percent of the country’s total shipment value. Markets seeing strong growth include China (67.9 percent), the Netherlands (47.5 percent), the UK (35 percent) and the RoK (29.5 percent).
Also in November, aquatic products import hit 150 million USD, raising the 11-month import value to 1.3 billion USD, or a 32.5 percent increase year-on-year.
In the Mekong Delta, tra fish used as material for processing plants is priced at 26,000 – 28,500 VND (1.15 – 1.26 USD) per kg, or even 29,000 – 30,000 VND in the provinces of Dong Thap and Vinh Long due to limited supply.
Prices of tiger prawn fell to 140,000 – 200,000 VND per kg wholesale.
Related news
Falling shipments to EU, U.S. put tra fish sector under tenterhooks Experts voiced their concerns at a seminar in the Mekong Delta city of Can Tho on November 29 on solutions to boost exports of tra fish to the EU
Vietnam needs tighter regulations over seafood management Fishermen are increasingly entering foreign waters, while local firms are importing unprocessed seafood for export as local resources are diminishing.
Fisheries Law (revised): Expectation of removing the IUU bottlenecks This is expected to contribute positively to the deletion of EU gold cards with Vietnamese seafood while avoiding Vietnam's similar situation in other markets.