Vietnam raked in around 3.6 billion U.S. dollars from seafood export, during the period from Jan to Apr this year, with China being the biggest market, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

China accounted for 32 percent of Vietnam’s seafood export, during the cited period, followed by the U.S., with 24.5 percent, the association was cited as saying, yesterday.

After two years of being affected by the COVID-19 pandemic, the market demand for seafood recovered and increased remarkably, with export up 44.5 percent year on year, the news agency cited Deputy Director of the VASEP Training and Trade Promotion Centre, Le Hang, as saying.

As the global seafood supply became even more unstable, Vietnamese seafood enterprises seized the opportunity to increase export with more deals closed at higher values, she said.

The VASEP estimates that China and the United States will continue to be the key markets for Vietnam’s seafood, as well as, the main drivers of the seafood export growth in the coming months, according to the report.

Vietnam reaped nearly 8.9 billion dollars from exporting seafood in 2021, up 5.7 percent from the previous year, according to the country’s General Statistics Office.

Source: NAM News Network