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According to data from the Vietnam Seafood Exporters and Producers Association (VASEP), Vietnam’s seafood exports to China totaled US$1.
4 billion in the past two years, accounting for 17%-18% of the total seafood exports
.
4 billion in the past two years, accounting for 17%-18% of the total seafood exports
.
Since the beginning of this year, exports of Vietnamese seafood to China have been declining
.
As of the end of the third quarter, exports to China only accounted for 11% of total seafood exports
.
.
As of the end of the third quarter, exports to China only accounted for 11% of total seafood exports
.
Since April 2021, exports to China have decreased by 11%-51%.
The reason is that China's major ports have stricter import controls on frozen seafood, which not only causes congestion in freight transport, but also increases freight costs and affects imports and exports.
Both sides of the company
.
The reason is that China's major ports have stricter import controls on frozen seafood, which not only causes congestion in freight transport, but also increases freight costs and affects imports and exports.
Both sides of the company
.
After a new round of the epidemic broke out in Vietnam in mid-July, seafood exports to China dropped sharply by 36% in August, and fell by 51% in September
.
.
As of the end of September, Vietnam’s seafood exports to China amounted to US$768 million, a decrease of 20.
5% from the same period last year
.
The export value of shrimp and catfish was US$298 million and US$279 million, a year-on-year decrease of 23% and 20%; the export value of black tiger prawn and lobster decreased by 12% and 82% respectively; the export value of crab was US$36 million, a year-on-year decrease 21%
.
5% from the same period last year
.
The export value of shrimp and catfish was US$298 million and US$279 million, a year-on-year decrease of 23% and 20%; the export value of black tiger prawn and lobster decreased by 12% and 82% respectively; the export value of crab was US$36 million, a year-on-year decrease 21%
.
The Vietnam Seafood Exporters and Producers Association (VASEP) attributed the continued decline in seafood exports to China’s strict control policies on imported seafood and the resulting port congestion
.
.
The Vietnam Seafood Exporters and Producers Association (VASEP) estimates that total seafood exports to China this year are about US$1 billion
.
.
