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    Home > Food News > Food Articles > Vietnam's aquatic product exports in the first nine months of 2022 increased by 38% year-on-year

    Vietnam's aquatic product exports in the first nine months of 2022 increased by 38% year-on-year

    • Last Update: 2022-10-12
    • Source: Internet
    • Author: User
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    In September 2022, Vietnam's aquatic exports amounted to approximately US$850 million
    .
    Despite a 36% increase compared to the same period last year, this is the first time in seven months that aquatic exports have fallen below $900 million
    .
     
    In the first nine months of 2022, Vietnam's aquatic products exports reached US$8.
    5 billion, an increase of 38%
    year-on-year.
     
    In September this year, Vietnam exported the most to China, reaching US$153 million, up 97% year-on-year; Exports to the United States amounted to $140 million, down 11% year-on-year; Exports to the EU and South Korea continued their growth trend, at 31% and 19%
    respectively.
     
    In September, Vietnam's major aquatic products exports increased compared to the same period in 2021; Among them, the growth rate of fish is the highest, with an export value of 161 million US dollars; the export value of shrimp reached nearly 3.
    5%, an increase of 13%; Exports of tuna, squid and octopus also showed an upward trend, increasing by 44% and 40%
    respectively.
     
    In the first nine months of 2022, shrimp exports reached nearly US$3.
    4 billion, an increase of 23% year-on-year; Exports of chayu reached nearly US$2 billion, an increase of 82 percent, and exports of other aquatic products reached nearly US$3.
    2 billion, up 33%
    year-on-year.
     
    For the export market, in the first nine months, Vietnam's exports to the United States were the largest, reaching nearly US$1.
    8 billion, an increase of 22% year-on-year; Exports to members of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) reached nearly US$2.
    2 billion, up 41%; Exports to the EU exceeded the $1 billion mark, up 41%
    year-on-year.
    China remained the market with the highest growth rate at 76% to $1.
    35 billion
    .
     
    Despite the downward trend in the growth and export volume of aquatic products in the past three months, the Vietnam Aquatic Products Processing and Export Association predicts that by the end of November, Vietnam's aquatic products exports will be able to meet the export target
    of US$10 billion as scheduled.
    The last month of 2022 will be the time for
    companies to strive to exceed their established plans.
    (End)
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