VASEP Highlight - Jan.2022: overview of seafood export in 2021 and forecast for 2022
Vietnam's seafood exporters reached a revenue of 8.9 billion USD in the past year 2021, which is a number that exceeds both VASEP's and the seafood industry's expectations. Looking back at a year of ups and downs in Vietnam's seafood processing and export industry, we can see the strong efforts of nearly 800 seafood enterprises. In the first half of the year, exports grew quite positively by 15%, thanks to stable domestic production when the epidemic had not yet broken out while import market demand recovered strongly. However, exports fell deeply by 24-27% in the third quarter, the epidemic peak period in Ho Chi Minh City and 19 southern provinces. Strict anti-epidemic measures have brought the whole production chain to a halt.