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    Home > Food News > Food Articles > ASEAN countries have increased their imports of fish products from Vietnam

    ASEAN countries have increased their imports of fish products from Vietnam

    • Last Update: 2023-02-02
    • Source: Internet
    • Author: User
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    The representative of the Vietnam Fisheries Processing and Export Association (VASEP) revealed that in addition to China, ASEAN countries are increasing their imports of Vietnamese fish products
    .
     
    As of the end of November 2022, Vietnam's exports of fish products to the ASEAN market reached US$183 million, an increase of 87% year-on-year, accounting for about
    8% of the country's total export of fish products (US$2.
    3 billion).
     
    Among them, Thailand's imports of fish-checked products accounted for more than 45% of ASEAN's total fish-checked imports in the first 11 months, reaching nearly US$83 million, followed by Singapore, Malaysia and the Philippines, with a year-on-year increase of 50%-93
    %.
    According to the Vietnam Seafood Processing and Export Association, ASEAN's growth in 2022 is more optimistic and less affected by inflation than other economies
    .
     
    In addition to its geographical advantages and factors that are less affected by logistics issues, the tax incentives brought by bilateral and regional free trade agreements with Vietnam have also made ASEAN a popular destination
    for many fish inspection enterprises.
    (End)
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