(vasep.com.vn) Baria-Vungtau Seafood Processing and Im-Ex Joint Stock Company (Baseafood) launched its new breaded squid product at VIETFISH 2012. This export item is well traded in Japanese market.
Baseafood also displayed at its trade booth No.506-507 a number of marine fish products, including squid, octopus and dried marine fish… This year’s exhibition, the company welcomed many buyers from Russia, Middle East, Japan to visit and discuss cooperation contracts.
In 2012, Baseafood got better result in shipments of dried marine fish to Russia than those of last year. However, its export to the EU market is slowing down. In the first five months of 2012, seafood sales to this region were equal to 65 percent of the same period last year. Currently, Japan becomes Baseafood’s most important market with a proportion of 60 percent in its overall export earnings. The company also traded its products in Ukraine, South Korea and Belarus.
The most concern of the company in 2012 is lack of raw material for processing due to crucial competition of Chinese traders. So far, prices of trevally rose by 50 percent compared to the same period of 2011, pushing the company to change its export items structures.
www.baseafood.vn