Business

Aquatic exports drop 6 percent in five months

Vietnam earned 570 million USD from exporting aquatic products in May, raising the total figure in the first five months of this year to nearly 3 billion USD, a year-on-year decline of 6 percent.
Aquatic exports drop 6 percent in five months ảnh 1Illustrative image (Photo: VNA)
Hanoi (VNA) – Vietnam earned 570 million USD from exporting aquatic products inMay, raising the total figure in the first five months of this year to nearly 3billion USD, a year-on-year decline of 6 percent.

Especially, the export of tra fish to the EU plunged 36 percent year-on-year to53.4 million USD. The shipments to this market are forecast to continuedecreasing in the next several months.

According to the Vietnam Association of Seafood Exporters and Producers(VASEP), in the five-month period, only shrimp maintained a growth rate ofnearly 4 percent with an export value of nearly 1.2 billion USD.

Seafood exports were estimated at over 1.1 billion USD, down over 4 percentover the same period in 2019, of which tuna saw a decrease of 18 percent, and octopus,down 19 percent, while the export of sea fishes increased slightly by nearly 5percent.

The drop in aquatic exports was blamed for the impact of COVID-19, which hitalmost all export markets of Vietnam like China, the Republic of Korea, the EUcountries and the US./.
VNA
#aquatic exports #aquatic products #tra fish #the EU #shrimp #Vietnam Association of Seafood Exporters and Producers #VASEP #Vietnam #Vietnamplus #Vietnam News Agency
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