Room for Vietnam’s seafood exports to Canada remains large

Illustrative image (Photo: VNA)

Ottawa (VNA) – Canada is a promising market for Vietnam’s aquatic products, according to the Vietnam Trade Office in Canada.

According to a Health Canada survey, Canada's per capita seafood consumption is 270 CAD (210.9 USD) per year for about 9.14kg per person per year.

With a population of nearly 38 million and a policy of welcoming about 400 thousand immigrants a year, the demand for seafood of Canadians is continuously increasing.

Statistics of Canada Customs show that Canada’s import of aquatic products increases by 7 percent each year with a turnover of 4.2 billion CAD in 2019 before the COVID-19 pandemic broke out.

The Vietnam Trade Office in Canada said that room for Vietnam’s seafood exports to Canada remains large as the country’s total export to this market is valued at around 300 million CAD yearly.

As Vietnamese products have a fierce competition with those from the US, India, Thailand and China, Vietnamese exporters should study thoroughly and have specific strategy to access the choosy but stable market, according to the Vietnam Trade Office in Canada./.

VNA