Seafood exports of Vietnam rose in Jul 2019

(seafood.vasep.com.vn) Seafood exports in the first seven months of Vietnam raked in 4.7 billion USD, down 0.2 percent from a year earlier, but 9 percent up month-on-month in July.

While exports of tuna and crustaceans such as crab and sentinel crab remained strong, rising by 20.3 percent and 22.7 percent year-on-year, main export items such as shrimp and pangasius, which account for 60 percent of total exports, were down from last year.

Shrimp, which accounts for nearly 38 percent of exports, recovered in July after a weak performance since the beginning of the year.

Exports to Japan increased by 11.3 percent year-on-year, and other markets apart from the European Union (EU) and the Republic of Korea too saw increases. Shipments to China were up dramatically in July. 

Last year, seafood exports were worth nearly 9 billion USD, a 6 percent increase from 2017 as against a target of 10 percent. 


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