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5 billion mark for the first time in the first two months of this year
.
Data from the Vietnam Association of Aquatic Products Export Processing (VASEP) shows that after the export value of aquatic products reached US$872 million in the first month of this year, an increase of 44%, the export value of aquatic products continued to show strong growth in February, achieving a breakthrough.
An increase of 62% to approximately $635 million
.
In the first two months of this year, Vietnam’s aquatic product exports reached US$1.
5 billion, a year-on-year increase of 51%
.
An increase of 62% to approximately $635 million
.
In the first two months of this year, Vietnam’s aquatic product exports reached US$1.
5 billion, a year-on-year increase of 51%
.
It is worth mentioning that in February, the main export aquatic products achieved rapid growth
.
Topping the list is the export of Chayu, an increase of 127%, with an export value of US$171 million; in the first two months of this year, the export of Chayu reached US$384 million, an increase of 93%
.
Shrimp exports also rose 50% year-on-year to $237 million in February, bringing the first two months of the year to $550 million, up 46% year-on-year
.
.
Topping the list is the export of Chayu, an increase of 127%, with an export value of US$171 million; in the first two months of this year, the export of Chayu reached US$384 million, an increase of 93%
.
Shrimp exports also rose 50% year-on-year to $237 million in February, bringing the first two months of the year to $550 million, up 46% year-on-year
.
In addition, compared to February 2021, exports of various aquatic products have increased significantly by 30-90%
.
Tuna exports amounted to US$68 million in February, compared with US$156 million in the first two months, an increase of 83% year-on-year
.
The export value of squid and octopus in February reached 34 million US dollars, an increase of 47% year-on-year, and the export value of the first two months reached 97 million US dollars, an increase of 45% year-on-year
.
.
Tuna exports amounted to US$68 million in February, compared with US$156 million in the first two months, an increase of 83% year-on-year
.
The export value of squid and octopus in February reached 34 million US dollars, an increase of 47% year-on-year, and the export value of the first two months reached 97 million US dollars, an increase of 45% year-on-year
.
In February, the United States continued to increase its import of Vietnamese aquatic products, with the export value reaching US$146 million, an increase of 85%
.
In the first two months of this year, Vietnam's aquatic product exports to the market reached US$346 million, an increase of 84% year-on-year
.
.
In the first two months of this year, Vietnam's aquatic product exports to the market reached US$346 million, an increase of 84% year-on-year
.
While exports to most markets achieved double- and triple-digit growth, seafood exports to Japan rose only 8 percent to $75 million in February
.
In the first two months of this year, the market's imports of aquatic products from Vietnam reached US$209 million, a year-on-year increase of 15%
.
.
In the first two months of this year, the market's imports of aquatic products from Vietnam reached US$209 million, a year-on-year increase of 15%
.
The result to the delight of aquatic product companies is that the export value of aquatic products to China has shown positive signs of recovery since January, and continued to achieve a strong growth of 135% in February to US$91 million
.
In the first two months of this year, exports of aquatic products to the market amounted to US$168 million, a year-on-year increase of 91%
.
.
In the first two months of this year, exports of aquatic products to the market amounted to US$168 million, a year-on-year increase of 91%
.
In addition, the export value of aquatic products to other traditional markets increased significantly in February
.
Among them, South Korea increased by 48%, Canada increased by 55%, and Australia increased by 64%
.
It is worth noting that the export value of aquatic products to Germany increased by 140%, to Belgium increased by 11% and so on
.
.
Among them, South Korea increased by 48%, Canada increased by 55%, and Australia increased by 64%
.
It is worth noting that the export value of aquatic products to Germany increased by 140%, to Belgium increased by 11% and so on
.
According to the forecast of VASEP, the export value will continue to maintain a considerable growth momentum in the next few months due to the strong growth of market demand
.
However, the war between Russia and Ukraine has more or less affected exports to Russia and Ukraine, although these two markets only account for a small percentage of Vietnam’s total seafood exports, namely 2% for Russia and 0.
3% for Ukraine
.
The conflict will push up gasoline prices and lead to higher costs for a range of other inputs, affecting prices and profits for seafood companies
.
(Finish)
.
However, the war between Russia and Ukraine has more or less affected exports to Russia and Ukraine, although these two markets only account for a small percentage of Vietnam’s total seafood exports, namely 2% for Russia and 0.
3% for Ukraine
.
The conflict will push up gasoline prices and lead to higher costs for a range of other inputs, affecting prices and profits for seafood companies
.
(Finish)
