(vasep.com.vn) In the first quarter of 2012, seafood exports coped a lot bottlenecks about importing markets but export turnover still rose higher than that of the same period of 2011. This is a positive sign for fisheries industry to start the second quarter of 2012. Asian market will be the most promising destination for seafood export.
In QI/2012, among three traditional importers of Vietnam seafood (EU, the U.S., Japan), export value to EU fell by 7.9 percent over 2011 in which exports to Germany reduced by 24 percent, but exports to France, Spain advanced.
In the first three months of 2012, seafood shipment to Japan showed an impressive growth of 34.1 percent, contrary to initial predictions of seafood exporters at the beginning days of 2012.
Thanks to diversified seafood products with reasonable price and suitable with middle class, Asian markets become a hopeful partner with Vietnam seafood enterprises, helping to offset reduction in exports to EU.
In QI/2012, besides Japan, shipment to South Korea reported a 24 percent advance; exports to Hong Kong, China were up 24.7 percent. ASEAN countries also become great partners when a large amount of seafood was delivered here. ASEAN market showed a 17.4 percent growth in seafood exports.
Seafood export value to Mexico was up 19 percent, Australia with nearly 42.3 percent, Canada with almost 6.6 percent. According to VASEP, thanks to accurate forecasts on difficulties in the EU markets, many seafood exporters held initiative in seeking new markets, seafood export value in the first quarter of 2012 still grew 15.3 percent.
Vietnam seafood products had a competitive price compared to those of many other countries in the region which boosted Vietnam seafood exports in Asia, Central and North America, Australia markets.