Vietnam’s seafood exports surge nearly 44 per cent in first four months

HANOI, Could 9 (Vietnam Information/ANN): Vietnam earned US$3.57 billion from aquatic exports within the first 4 months of 2022, posting a year-on-year improve of 43.7 %, in keeping with the Ministry of Agriculture and Rural Growth.

In April alone, the export worth was US$1.05 billion.

The US, Japan and China had been the three main import markets within the first quarter, accounting for 49.5 per cent of complete aquatic export worth.

Of notice, export values in all markets noticed growth, and income from China doubled.

Exports of tra (pangasius) fish had been estimated at US$263 million in April, bringing the four-month determine to US$894 million, up 89.4 per cent in opposition to the identical interval final 12 months.

In the meantime, shrimp exports expanded 38.6 % year-on-year to almost US$1.34 billion after including US$385 million in April.

Based on the Vietnam Affiliation of Seafood Exporters and Producers (VASEP), demand in import markets is pointing in direction of a strong restoration after the Covid-19 pandemic, and Vietnamese companies have seized alternatives to bolster exports and seal high-value contracts. – Vietnam Information/ANN