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    Home > Food News > Food Articles > Vietnam's aquatic exports to niche markets grow

    Vietnam's aquatic exports to niche markets grow

    • Last Update: 2021-09-28
    • Source: Internet
    • Author: User
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    Vietnam’s " Customs Online" reported on September 22 that according to the statistics of the Vietnam Aquatic Products Processing and Export Association (VASEP), the export value of Vietnamese aquatic products in August this year was US$588 million, a year-on-year decrease of nearly 28%.
    Almost all major products were exported.
    The drop
    .
    Among them, the exports of shrimp, chayu, tuna , squid , octopus , crabs and other marine fish all decreased by 20-33% year-on-year
    .
     
    The first eight months of this year, Vietnam's aquatic products exports reached nearly $ 5.
    6 billion, due to high export performance this year seven months, is still up 7%
    .
    Among them, shrimp exports increased by 6.
    4%, reaching 2.
    45 billion U.
    S.
    dollars; Chayu exports were 993 million U.
    S.
    dollars, an increase of 8.
    8%, tuna exports increased by 12%, and squid, octopus and other fish exports increased by 4-5%
    .

     
      Le Heng, deputy director of the VASEP Training and Trade Promotion Center, said that the outbreak of the new crown epidemic in Vietnam’s main aquatic product production areas (accounting for 90-95% of Vietnam’s aquatic product exports) and labor shortages have brought difficulties and pressure to enterprises
    .
     
      Various difficulties have caused many aquatic product exporters to withdraw from the market
    .
    In August, the number of companies involved in aquatic product exports decreased by more than 100 month-on-month and by 150 year-on-year
    .

     
      In terms of market, the number of Vietnamese aquatic products export markets in August decreased by more than 20 year-on-year
    .
     
      Both enterprises and export markets have decreased.
    In August of this year, Vietnam’s aquatic product exports fell by 16-50% year-on-year
    .
    It is worth noting that the export of aquatic products to many key markets such as China, Japan, Germany, the Netherlands, Belgium, Denmark, the United Kingdom, Canada, Australia, etc.
    fell by 35-45% year-on-year
    .
    Among the top five aquatic product export markets, exports to China fell by 14.
    6%, and exports to Japan fell by nearly 3%
    .
     
      According to Le Heng, with the decline in major export markets, Vietnam’s export of aquatic products to niche markets has become a bright spot
    .
     
      In August this year, many small markets still maintained positive growth.
    For example, Mexico rose 72%, the Philippines rose 58%, Spain rose 48%, Egypt rose 38%, and Portugal rose 14%
    .
    Customs aquatic products processing and export aquatic products tuna squid octopus crab sea ​​fish
     
      The first eight months of this year, Vietnam's aquatic products exports reached nearly $ 5.
    6 billion, due to high export performance this year seven months, is still up 7%
    .
    Among them, shrimp exports increased by 6.
    4%, reaching 2.
    45 billion U.
    S.
    dollars; Chayu exports were 993 million U.
    S.
    dollars, an increase of 8.
    8%, tuna exports increased by 12%, and squid, octopus and other fish exports increased by 4-5%
    .

    Aquatic products
     
      Le Heng, deputy director of the VASEP Training and Trade Promotion Center, said that the outbreak of the new crown epidemic in Vietnam’s main aquatic product production areas (accounting for 90-95% of Vietnam’s aquatic product exports) and labor shortages have brought difficulties and pressure to enterprises
    .
     
      Various difficulties have caused many aquatic product exporters to withdraw from the market
    .
    In August, the number of companies involved in aquatic product exports decreased by more than 100 month-on-month and by 150 year-on-year
    .

     
      In terms of market, the number of Vietnamese aquatic products export markets in August decreased by more than 20 year-on-year
    .
     
      Both enterprises and export markets have decreased.
    In August of this year, Vietnam’s aquatic product exports fell by 16-50% year-on-year
    .
    It is worth noting that the export of aquatic products to many key markets such as China, Japan, Germany, the Netherlands, Belgium, Denmark, the United Kingdom, Canada, Australia, etc.
    fell by 35-45% year-on-year
    .
    Among the top five aquatic product export markets, exports to China fell by 14.
    6%, and exports to Japan fell by nearly 3%
    .
     
      According to Le Heng, with the decline in major export markets, Vietnam’s export of aquatic products to niche markets has become a bright spot
    .
     
      In August this year, many small markets still maintained positive growth.
    For example, Mexico rose 72%, the Philippines rose 58%, Spain rose 48%, Egypt rose 38%, and Portugal rose 14%
    .
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