Business

Aquatic product exports enjoy 6% growth in four months

Vietnam raked in 2.7 billion USD from exporting aquatic products in the first four months of 2024, representing a year-on-year increase of 6%, the Association of Seafood Exporters and Producers (VASEP) has reported.

Processing tuna products for export. (Photo: VNA)
Processing tuna products for export. (Photo: VNA)

HCM City (VNA) – Vietnam raked in 2.7 billion USD from exporting aquatic products in the first four months of 2024, representing a year-on-year increase of 6%, the Association of Seafood Exporters and Producers (VASEP) has reported.

In April alone, the country’s aquatic product exports reached 770 million USD, a year-on-year rise of 4%. Exports of tuna, tra fish, crab, and shell mollusks all recorded positive growth compared to the same period last year.

Shrimp exports in April earned 285 million USD – the highest value since early this year. The shrimp industry brought in 971 million USD in revenue in the last four months, 6% higher than that in the same period of 2023.

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A shrimp processing line for export at a factory of Minh Phu Seafood Group. (Photo: VNA)

Meanwhile, tra fish export earnings in the first four months totalled 579 million USD, up nearly 2% year-on-year.

The number of tra fish orders from the US market has bounced back after Vietnamese tra fish businesses participated in the Seafood Expo North America in March and the Seafood Expo Global in Spain in late April.

Notably, tuna exports in April surged by 28% to 86 million USD, lifting the total export value of the product in the last four months to 301 million USD, a year-on-year increase of 22% compared to the same period last year.

However, the export value of squid and octopus; and mollusks with shells decreased by 4% and 2%, respectively, to 182 million USD and 43 million USD in the January – April period.

By April, crab exports had maintained an impressive growth of 101%, with China being the main market./.

VNA
#tra fish export #aquatic exports #Vietnam #aquatic products
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