Aquatic exports hit 5.91 billion USD in nine months
Illustrative photo (Source: VNA)
Hanoi (VNA) – Aquatic exports in September 2017 are estimated to reach 696 million USD, pushing total exports of the products in the first nine months of this year to 5.91 billion USD, up 18.1 percent from the same period last year.
According to the Ministry of Agriculture and Rural Development, leading markets for Vietnamese aquatic products include the US, Japan, China and the Republic of Korea. The four markets consumed 55.5 percent of total products.
Strong growth was seen in China with 63.3 percent, the Netherlands with 35.1 percent, and the UK with 29.5 percent.
Meanwhile, the country imported 124 million USD worth of aquatic products in September and 1.04 billion USD in the January-September period, the ministry reported.
Due to poor supply and high demand, both tra fish and shrimp prices in the Mekong Delta region surged sharply domestically.
Related news
Exporters anxious to fight illegal fishing Vietnam’s export of seafood to the European Union (EU) may fall sharply or even face EU’s “yellow card” if the country cannot meet the EU’s requirements
Seafood sector sets low export target for 2020 The Government has set a modest export revenue target of US$8-9 billion for the seafood industry in 2020, which is seen low as the sector can fetch US$8 billion
Seafood exporters fret over EU yellow card risk Seafood exporters are extremely anxious about the risk of receiving a yellow card warning from the European Union (EU) towards Vietnamese products