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Tuesday, July 16, 2024

Seafood export surges in Oct

By Trung Chanh

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CAN THO – Vietnam’s revenue from seafood exports in October amounted to over US$918 million, surging by US$330 million and US$290 million against the August and September figures, respectively.

The hike resulted from the easing of anti-pandemic measures and economic recovery plans in many provinces and cities, according to a recent report from the Vietnam Association of Seafood Exporters and Producers (VASEP).

Export values of all fishery products in October, except tra fish, were up against those seen in the same period last year.

Between January and October, the country exported seafood worth over US$7.1 billion, rising 2.4% year-on-year.

During the 10-month period, the United States was Vietnam’s largest seafood buyer, with a value of some US$1.7 billion, up 25% year-on-year and accounting for 24% of the latter’s total seafood export revenue.

Japan came second with a value of US$1.08 billion, making up 15% of the total, followed by China and the European Union.

Given the positive achievements in October, VASEP expected seafood exports to continue to extend their strong rally for the rest of the year.

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