Top 10 single markets importing Vietnamese seafood in 2020-2021
(seafood.vasep.com.vn) In 2021, Vietnam exported seafood to nearly 170 markets. Only a few markets saw a decrease in seafood imports from Vietnam such as Japan, which decreased by nearly 7%, and China by 18%. Exports to other markets all grew positively such as the US increased by 27%, to the EU increased by 12%, South Korea increased by 5%, Australia increased by 16%, Russia increased by 21%. Exports to many other markets had a breakthrough growth such as Mexico up 49%, the Philippines up 66%, Israel up 41%, Brazil up 47%, Colombia up 73%...
Seaprimexco's shrimp products
Many markets have almost adapted to the context of living with Covid, demand has recovered very strongly such as the US, EU, Brazil... Besides, many importers in markets participating in FTAs with Vietnam also take advantage of preferential tariffs to import Vietnamese products at more competitive prices, such as in Australia, Mexico...
Australia is also a bright spot in the picture of Vietnam's seafood exports in 2021 with a growth rate of over 16%, bringing in a value of 265 million USD. Australia ranks 7th in single markets, accounting for 3% of Vietnam's seafood export value.
The most consumed products in this market include shrimp (71%) with over 188 million USD, pangasius 10% with 25.5 million USD, squid and octopus accounted for 2%, tuna accounted for 1.3%. ..Last year, only pangasius exports to Australia decreased by 21%, the rest of the items grew high with double digits.
Excerpt from the Report on Vietnam's seafood exports in 2021