Seafood exports soar sharply in April

ABO/NDO – Vietnam’s export revenue of seafood reached over 1 billion USD in April, a sharp increase of 41% over the same period in 2021, according to the Vietnam Association of Seafood Exporters and Producers (Vasep).

The total export revenue of seafood is estimated to have hit nearly 3.6 billion USD in the first four months of this year, up 44.5% over the corresponding period last year.

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Seafood exports to the US soared dramatically by 79% in April, reaching over 266 million USD, raising the four-month export revenue from the US to 842 million USD, up 74% over the same period in 2021.

Seafood exports to China also doubled in April, reaching 216 million USD, raising total seafood exports to this market to 578 million USD in four months, up 94% over the same period in 2021. In particular, tra fish exports to the Chinese market accounted for 53% of the total seafood turnover to this market.

Vietnam’s seafood exports to the EU, Japan, the Republic of Korea and many other markets all recorded double-digit growth in the first four months of this year. However, according to Vasep, the US and China will continue to occupy the majority of Vietnam’s seafood exports, determining the growth rate of Vietnam's seafood exports in the coming months.

It is forecast that Vietnam’s seafood exports will reach 2.8-3 billion USD in the second quarter of this year, up about 36-38% over the same period in 2021.

(Source: NDO)