Of the above sum, Tra fish and shrimps contributed 2.2 billion USD and 4.1 billion USD, up nearly 62% and 15% year-on-year, respectively.
Tra fish’s sharp increase was thanks to the strongest annual surge in the product’s average price, at 50%. Exporters have also seized an opportunity to increase their market share created by the Russia-Ukraine conflict, which limits the supply of white fish.
Overall, shrimp export turnover has retained good growth so far thanks to strong rises recorded in the first half of the year. However, the product’s average export price did not increase as strongly as Tra fish, as it faced significant competitive pressure from those of Ecuador and India.
Tuna exports, notably, were said to certainly rake in 1 billion USD this year, marking a new record.
According to the Vietnam Association of Seafood Exporters and Producers, Vietnam’s fishery export has completely recovered after the COVID-19 pandemic, and the export value is projected to hit 11 billion USD in 2022./.
