Japan has surpassed the US to become the largest importer of Vietnamese seafood. Vietnamese seafood exporters earned 310 million USD from Japan and 290 million from the US in the first quarter of this year.
According to the Vietnam Association of Seafood Exporters and Producers, the US imported mostly frozen seafood, which has seen stiff competition between major suppliers like Vietnam, Indonesia, India, and Ecuador. Vietnam’s seafood exports to the EU dropped 20% to 210 million USD in the past 3 months.
Source: VOV5