Vietnam's seafood exports grow impressively in many markets

According to the Import-Export Department, Ministry of Industry and Trade, Vietnam's seafood export is estimated at more than 3.2 billion USD in the first 5 months of this year, up more than 13% in volume and over 12% in value over the same period last year.

Thanks to taking advantage of opportunities and overcoming difficulties caused by the impact of the COVID-19 epidemic, Vietnam's seafood enterprises are receiving many export orders in many markets.

The US has become the main export market for Vietnamese seafood, with the demand to import many items such as shrimp, pangasius, tuna... From the beginning of the year to now, about 220 Vietnamese enterprises have exported seafood. products to the US, of which nearly one third of enterprises have export turnover of 1 million USD or more.

After the US, the major markets consuming Vietnamese seafood are Japan, EU, China, and Korea, respectively. In addition to trying not to disrupt the supply chain, the seafood industry also focuses on deep processing, taking the form of sales, keeping traditional markets and actively seeking new markets.

"We regularly discuss with customers to find out the needs of the market, from the Korean market, Japan, the EU ... to create suitable products to serve the needs during the epidemic period," he said. Truong Tien Dung, General Director of Saigon Seafood Trading Joint Stock Company, said.

According to the Vietnam Association of Seafood Exporters and Producers, the demand for seafood has started to increase in many markets, especially those with a free trade agreement with Vietnam.

"After this recovery, the demand for seafood from European countries will increase, due to the access of businesses, and importers are also interested in importing from Vietnam through the advantage of the EU. EVFTA", said Mr. Truong Dinh Hoe, General Secretary of the Vietnam Association of Seafood Exporters and Producers.

According to forecast, Vietnam seafood exports in the second quarter will continue to grow by 10%, reaching about 2.1 billion USD. Besides the main markets, other markets such as Australia, Canada, the UK and Russia are expected to be a new bright spot in the picture of seafood exports in the second quarter and second half of the year because demand is increasing and there are no barriers. market barrier.

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