Illustrative image (Photo: VNA) – Exports of aquatic products in the second quarter could increase by 8 percent at the highest, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). The association said the increase could be achieved if shipments of seafood such as sea fish, tuna and octopus post strong growth and those of Tra fish are kept stable. Aquatic product exports in the first quarter of this year showed a slowdown with an increase of only 1 percent to 1.8 billion USD, due to the downward trend in shrimp export that has persisted since last year. Shrimp shipments in the January-March period dropped by 17 percent amidst falling prices, high stockpiles in overseas markets and fierce competition in the world market. Tra fish exports also posted a lower growth in the first quarter this year, at 8 percent, compared to 37 percent in the previous quarter. However, exports of several kinds of seafood rose strongly, such as tuna (19 percent), squid and octopus (12 percent) and other fish (22 percent). On terms of markets for Vietnamese seafood, the US dropped to the third place after Japan and the US due to reductions in its import… Read full this story
- Seafood exports increase after EVFTA comes into effect
- Textile-garment exports to continue declining
- EVFTA: Vietnamese steel companies seek export opportunities
- Rising baht pressures Thailand’s export outlook
- Export set to hit 340 billion USD in 2025
- Indonesia export-import revenue plummets in July
- Rice exporters urged to promote brand through safe production
- US action to relabel HK exports 'unfair, uncivilized'
- High supply gives Việt Nam's poultry firms chance to reach export markets
- Agricultural products seek to sustain export growth amid COVID-19 fears
Export of aquatic products forecast to grow 8 percent in Q2 have 265 words, post on en.vietnamplus.vn at May 19, 2019. This is cached page on VietMaz. If you want remove this page, please contact us.