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    Home > Food News > Food Articles > Vietnam's aquatic exports up 34% in the first 10 months of this year

    Vietnam's aquatic exports up 34% in the first 10 months of this year

    • Last Update: 2022-11-04
    • Source: Internet
    • Author: User
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    According to the Vietnam Aquatic Products Processing and Export Association (VASEP), as of the end of October 2022, Vietnam's aquatic products exports earned US$9.
    5 billion, a year-on-year increase of 34%.

     
    With the results achieved in the first 10 months of 2022, Vasep predicts that by the end of November, Vietnam's aquatic exports will exceed US$10 billion, setting a record
    for Vietnam's aquatic industry to participate in the world market for more than 20 years.
     
    Li Song, deputy director of VASEP Trade Promotion and Training Center, said that 2022 is a year
    of many changes and difficulties in the import and export industry.
    Vietnamese aquatic products enterprises are constantly working to turn challenges into opportunities and promote exports
    by taking advantage of free trade agreements and market demand.
     
    Deputy Director Le Thiong believes that by the end of 2022, the export value of aquatic products will account for about 3% of Vietnam's total exports of goods; It contributes nearly 12 per cent
    to the total value of exports of the domestic economic sector.
    Against the background of a 0.
    6% decline in exports of agriculture, forestry and aquatic products, exports of aquatic products increased by 0.
    4%, highlighting the breakthrough and increasingly important role of the aquatic industry in the growth of Vietnam's GDP, especially in the field of agriculture, forestry and aquatic products exports
     
    Vietnam is currently the third largest exporter of aquatic products in the world, after China and Norway (two large countries with much larger land and water areas than Vietnam).

    With the results of 2022, it is estimated that Vietnamese aquatic products will account for more than 7% of the market share
    of the world aquatic products market.
    (End)
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