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    Home > Food News > Food Articles > Vietnam is one of the major suppliers of aquatic products to the United States

    Vietnam is one of the major suppliers of aquatic products to the United States

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
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    According to the National Marine Fisheries Administration (NMFS), in the first 10 months of 2022, Vietnam's aquatic products exports to the United States amounted to 244,400 tons and US$1.
    78 billion, respectively, an increase of 14% and 33.
    1% over the same period in 2021, respectively, and third and fifth place
    , according to the Import and Export Bureau of the Ministry of Industry and Trade.
    In total U.
    S.
    imports, Vietnam's market share of seafood products has increased from 8.
    4% in September 2021 to 9.
    6%
    in September 2022.
     
    This year, from July, U.
    S.
    seafood imports began to decline
    compared to 2021.
    However, due to the surge in imports in the first four months of this year, the country's aquatic product imports and imports in the first September still reached 2.
    59 million tons and 23.
    6 billion US dollars, up 4.
    9% and 14.
    2%
    year-on-year, respectively.
     
    The United States has the largest
    imports and value of shrimp imports.
    In the first nine months of this year, the import value and import volume of shrimp in the United States were 690,200 tons and 7.
    34 billion US dollars, respectively, down 0.
    6% and 1.
    8%
    year-on-year.
    Vietnam is also one of the largest suppliers of
    shrimp products to the United States.
     
    Truong Dinh Huai, chairman of the Vietnam Aquatic Products Processing and Export Association (VASEP), revealed that in 2022, Vietnam's aquatic products exports are expected to reach US$11 billion
    .
    Among them, shrimp exports reached 4.
    3 billion US dollars, a year-on-year increase of 30%; The export value of Chayu exceeded US$2 billion, an increase of more than 80% year-on-year, and may exceed US$2.
    5 billion by the end of the year; For the first time, tuna exports exceeded $1 billion.

    The growth rate of exports of all aquatic products is as high as double digits, hovering between
    18% and 77%.
    (End)
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