(seafood.vasep.com.vn) After three years of implementation, the UK-Vietnam Free Trade Agreement (UKVFTA) has yielded positive results for Vietnam’s tuna exports. The United Kingdom officially became a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on December 15, 2024. This is expected to bring significant benefits for seafood enterprises, particularly in terms of tariffs and intra-bloc origin regulations - especially for tuna products.

(seafood.vasep.com.vn) According to data from Vietnam Customs, pangasius export revenue in October 2024 reached nearly $202 million, a 17% increase compared to October 2023. The cumulative export value for the first ten months of the year totaled $1.7 billion, marking a 9% year-on-year increase.

(seafood.vasep.com.vn) Vietnam's seafood exports in July 2024 reached over $885 million, up 14% compared to the same period in 2023. This is the highest growth rate in the past 6 months and the month with the highest export value since the beginning of the year. Cumulatively in the first 7 months of 2024, Vietnam’s seafood exports reached $5.28 billion, up 7% compared to the same period 2023.

Vietnam's shrimp exports grew in the first half of this year, but the market is facing competition from other countries in the world.

Agro-forestry-aquatic product exports raked in 34.27 billion USD in the first seven months of 2024, up 18.8% from the same period last year, said the Ministry of Agriculture and Rural Development (MARD).