Vietnam’s two largest seafood export markets, the US and China
Vietnam Association of Seafood Exporters and Producers (VASEP) reportes, the June export turnover topped $875 million, up 14% and the highest monthly figure so far this year. Exports of aquatic products grew nearly 7% in the first half of this year.
During the reviewed period, shrimp exports fetched more than $1.6 billion, including $1.2 billion from white-legged shrimp shipments. Meanwhile, lobster exports reached $130 million or 57 times the figure in the same period last year, with China being the largest importer.
Tra fish (pangasius) brought home $922 million in Jan-June, up nearly 6% year-on-year.
Vietnam’s two largest seafood export markets, the US and China, recorded high growth rates in June with 14% and 18%, respectively.
VASEP said the country’s seafood exports in the second half of 2024 is expected to increase by 15% to over $5.5 billion, bringing the yearly figure to nearly $10 billion, up 12% from 2023.