Export of farmed fish fetches nearly 3.1 billion USD

Hanoi (VNA) – Export of famed fish brought home nearly 3.1 billion USD in the first six months of the year, a year-on-year surge of 3.8 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

China, Japan, the Republic of Korea and the US remained the leading importers of the country’s farmed fish.

However, prices of material tra fish in the home market fluctuated at 19,000 VND-20,500 VND per kilo - its lowest level ever recorded. No new orders from the main markets like the US and the EU hints sluggish consumption for Vietnamese tra fish in the coming time.

Meanwhile, prices for material shrimp were stable despite limited supply stemming from unfavourable weather conditions.

Vietnam’s combined agro-forestry-fishery export turnover was estimated at 15.05 billion USD in the first six months of 2016, up 5.4 percent from one year ago, the Ministry of Agriculture and Rural Development said.

Of the total figure, farm produce exports were valued at 7.32 billion USD, a 5.1 percent increase against the same period last year while export value of forestry products in the period suffered a slight yearly downturn of 0.1 percent to 3.33 billion USD.

In June, the agro-forestry-fishery sector earned an export revenue of 2.5 billion USD.-VNA