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Vietnam's aquatic product exports are about to exceed the 8 billion U.S. dollar mark

 Last Update: 2021-12-24
 Source: Internet
 Author: User

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(People's Daily) In November 2021, Vietnam's aquatic product exports continued to grow, bringing the total aquatic product exports in the first 11 months of 2021 to nearly 8 billion U.
S.
dollars, an increase of 3.
7% over the same period in 2020
.

According to statistics from the General Administration of Customs of Vietnam, in the first half of November 2021, Vietnam’s aquatic product exports reached US$7.
52 million, a year-on-year increase of 3.
2%
.

According to data from the Vietnam Aquatic Products Processing and Export Association (VASEP), aquatic product exports resumed in the first half of November 2021, with a growth rate of 24%.
Therefore, it is expected that the export volume in November will reach approximately US$875 million, an increase of 18% year-on-year
.
In the first 11 months of 2021, the export value of aquatic products is expected to reach nearly 8 billion U.
S.
dollars, an increase of 3.
7% over the same period in 2020
.

　　Many exported aquatic products have a good growth momentum
.
Among them, shrimp exports in November increased by about 11%, estimated to reach nearly 350 million U.
S.
dollars
.
As of the end of November 2021, shrimp exports totaled more than 3.
5 billion U.
S.
dollars, a year-on-year increase of nearly 3%
.

　　There are also positive signs in the export of Chayu, which increased by 23% in November, reaching approximately US$178 million
.
As of the end of November, the total export value of check fish has reached nearly 1.
4 billion U.
S.
dollars, an increase of 2.
5% over the same period last year
.

　　Exports of tuna, squid, and octopus are recovering strongly, increasing by 48% and 37% respectively in November, with exports valued at US$76 million and US$69 million, respectively
.
In the first 11 months of 2021, tuna exports reached 670 million U.
S.
dollars, an increase of 13% year-on-year, and squid and octopus exports reached 543 million U.
S.
dollars, an increase of 7% year-on-year
.

　　From the perspective of the export market, from the beginning of the year to the end of November, the export value of aquatic products to the United States was nearly US$1.
87 billion, a substantial year-on-year increase of 26%; exports to the EU also rebounded positively, reaching US$957 million, a year-on-year increase of 10%; exports to South Korea The amount reached 717 million US dollars, a slight increase of 2.
7% year-on-year
.
However, the export value of aquatic products to China reached only US$1 billion, a decrease of 22% year-on-year; the export value to CPTPP countries reached nearly US$2 billion, a slight decrease of 1.
5% year-on-year
.

　　According to VASEP's assessment, although the Covid-19 epidemic still has an impact on production capacity and production efficiency, under the new situation, companies are striving to fight the epidemic and promote production, seizing opportunities and increasing market demand
.
Therefore, it is expected that the export value of aquatic products in the last month of 2021 will maintain the current upward recovery momentum
.
(Finish)

Aquatic products export

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