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Thursday, June 20, 2024

Japan overtakes U.S. as largest buyer of Vietnam’s seafood

The Saigon Times

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HCMC – Japan overtook the United States as the largest importer of Vietnam’s seafood in August.

Data from the Vietnamese customs showed that seafood exports in August alone brought in US$173 million, up 14% over July and 128% over the same period last year.

In the first eight months of the year, seafood exports to the Japanese market generated US$1.1 billion, a year-on-year increase of 28%.

Meanwhile, the U.S. came second with a value of US$159 million worth of seafood imports from Vietnam in August, a slight fall over last month. However, seafood exports to the U.S. market fetched US$1.6 billion in the first eight months, up 26% over the same period last year.

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