In July alone, Seaprodexfactory No16 - F16 exported 200 tons of seafood, valued at USD 1 million to Japan, US, Philippines, South Korea and Australia. Japan and South Korea are the two biggest importers, accounting for 40% in term of volume, Australia and Taiwan 30%, the remainder for other markets.
Recently, the company also focus on diversifying its products. Besides traditional frozen shrimp products, the company starts to produce high quality marine fish such as tuna, mackerel.
The raw material price and input costs have increased 20-30% from the beginning of this year, that’s an obstacle for the company in production in the last months of 2008.