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    Home > Food News > Food Articles > Vietnam's monthly export of aquatic products reaches 1 billion US dollars

    Vietnam's monthly export of aquatic products reaches 1 billion US dollars

    • Last Update: 2022-05-19
    • Source: Internet
    • Author: User
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    Vietnam Herald website reported on April 27, 2022, according to data from Vietnam Association of Aquatic Products Processing and Export (VASEP), under the adverse impact of rising gasoline prices , freight rates and the conflict between Russia and Ukraine, Vietnam’s aquatic product exports in the first quarter of this year remained unchanged.
    Compared with the same period last year, it increased by nearly 46%, exceeding US$2.
    5 billion, and in March, it set a new record for export volume in a single month, exceeding US$1 billion
    .
     
    In March, affected by the war between Russia and Ukraine, Vietnam’s exports of aquatic products to Russia dropped by 86%, but exports to China increased by nearly 90% year-on-year; exports to the United States increased by 72% year-on-year, and the United States is still the largest importer of Vietnamese aquatic products.
    , accounting for 23% of its total exports
    .
    VASEP said that in addition to rising demand, the sharp rise in export prices of aquatic products this year is also the main reason for the surge in export value
    .
    It is expected that the export of aquatic products will continue to maintain the growth momentum in the second quarter, reaching 2.
    8-2.
    9 billion US dollars, an increase of 23-24% year-on-year
    .
    Export price of aquatic products
     
    In March, affected by the war between Russia and Ukraine, Vietnam’s exports of aquatic products to Russia dropped by 86%, but exports to China increased by nearly 90% year-on-year; exports to the United States increased by 72% year-on-year, and the United States is still the largest importer of Vietnamese aquatic products.
    , accounting for 23% of its total exports
    .
    VASEP said that in addition to rising demand, the sharp rise in export prices of aquatic products this year is also the main reason for the surge in export value
    .
    It is expected that the export of aquatic products will continue to maintain the growth momentum in the second quarter, reaching 2.
    8-2.
    9 billion US dollars, an increase of 23-24% year-on-year
    .
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