(seafood.vasep.com.vn) In April 2021, Vietnam's export of marine products reached more than 303 million USD, up 19% over the same period in 2020. Accumulated in the first 4 months of this year, the export of marine products reached more than 1 billion USD, accounting for 42% of the country's total seafood export value and an increase of 13% over the same period in 2020.
Exports of marine products continue to increase in April 2021
In general, compared to the same period in 2020, exports of all product groups increased, except for crab and other crustacean products, which decreased by 3%. Specifically, tuna exports increased by 15%, squid and octopus exports by 10%, and bivalve molluscs by 40%.
Exports of marine fish products all grew
The export value of marine fish products still accounts for a significant proportion: 76% of the total seafood exports, with tuna alone accounting for 22%. Compared to the same period in 2020, the export value of marine fish products increased. However, the growth rate has slowed. Specifically, the export of fish cakes and surimi reached $122 million, up 31%, accounting for 12% of the total seafood export value. Export of dried fish (except tuna) increased by 38%, reaching nearly 64%, accounting for 6% of total seafood exports.
Excluding tuna, the top 5 largest marine fish import markets of Vietnam include CPTPP (accounting for 43%), the US (accounting for 11%), China (for 10%), Korea (for 9%) and EU (for 3%). Over the same period, the export value of other marine fish products of Vietnam to these markets has mostly increased, with the CPTPP up 8%, the US by 40%, China by 17%, the Republic of Korea by 5% and the US by 40%, to EU raised 18%.
Mollusk exports to the EU increased sharply
According to statistics of Vietnam Customs, the export value of Vietnam's mollusk products group continued to increase in April. Accumulated in the first 4 months of 2021, Vietnam's mollusk export value reached 204 million USD, accounting for 20% of total seafood exports, up 15% over the same period in 2020.
In which, cephalopods accounted for 16% and bivalve molluscs accounted for 4% of total seafood exports. Compared to the same period in 2020, exports of these two product lines increased by 10% and 40% respectively.
Particularly for the cephalopod group, the export value of cephalopod is at the same level. Compared to the same period, octopus exports tend to grow faster. Among the cephalopod product lines, only dried, grilled squid and fresh/frozen/ dried/salted octopus products increased year-on-year by 20% and 24%, respectively.
The top 4 import markets of Vietnam's cephalopods include Korea, CPTPP, Thailand and the EU. In April, exports to all four markets had growths. In particular, exports to the EU are growing at a triple-digit rate of 115%. Exports in April to all three largest single markets in the EU are also experiencing outstanding growth, with Italy increasing by 234%, Portugal by 721% and the Netherlands by 207%.