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Seafood exports to China

(seafood.vasep.com.vn) Statistics from China Customs show that the country's seafood import demand is recovering strongly after opening in early 2023. However, Vietnam's seafood exports to this market have not recovered yet. This can be explained by market factors as well as internal reasons.

(seafood.vasep.com.vn) Accounting for 17 - 18% of Vietnam's seafood exports in the past 2 years with a value of over $1.4 billion, China is in the top 3 import markets of Vietnamese seafood. However, because exports to this market have declined continuously since the beginning of the year, so in the first three quarters of 2021, exports to China only account for 11% of Vietnam's total seafood exports.