Despite a downturn in the export of aquatic products in the first month of 2023, local exporters remain optimistic that the market will recover from the second quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s export of agro-forestry-aquatic products hit a record revenue of over 53.22 billion USD last year, up 9.3%, including nearly 11 billion USD from aquatic products.
Vietnam’s aquatic products are expected to earn about a record 11 billion USD from export this year, up 23.8% annually and 22% compared to the plan, said Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
The Vietnamese Embassy in Saudi Arabia has stepped up trade promotion activities, popularising the country's products in many of the host localities, Ambassador Dang Xuan Dung told the Vietnam News Agency in an interview.
Vietnam posted a trade surplus of 9.4 billion USD in the first 10 months of 2022, compared to 630 million USD in the same period last year, according the General Statistics Office (GSO).
The Ministry of Foreign Affairs and the People’s Committee of southern Ben Tre province held a conference in both online and in-person formats to promote the export of Ben Tre’s agro-aquatic products to Islamic markets.
Vietnam’s foreign trade of agro, forestry and aquatic products hit some 74.7 billion USD in the first nine months of 2022, a year-on-year rise of 10.7%, according to latest data released by the Ministry of Agriculture and Rural Development (MARD).
The export turnover of aquatic products topped 8.5 billion USD in the first nine months of 2022, up 38% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Import-export revenue of agro-forestry-aquatic products was estimated to reach 66.2 billion USD in the first eight months of 2022, up 8.7% year on year, of which export turnover hit about 36.3 billion USD, a year-on-year rise of 13.1%, reported the Ministry of Agriculture and Rural Development.
Vietnam's import-export value of agricultural, forestry and aquatic products reached 58.3 billion USD in the first seven months of 2022, a year-on-year increase of 7.2%, according to the Ministry of Agriculture and Rural Development.
The Mekong Delta province of Ben Tre will develop its fisheries with a focus on processing, modernisation and deeper integration into global value chains, according to the provincial People’s Committee.
Vietnam’s aquatic product exports to China are expected to rise positively this year, said Nong Duc Lai, Commercial Counsellor at the Vietnamese Embassy in China.
Indonesia and the Republic of Korea (RoK) have pledged to strengthen their cooperation in the marine and fishery sector, particularly for ensuring the quality of products.
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development.
A virtual conference looking to bolster shipments of Vietnam’s aquatic products to member nations of the Regional Comprehensive Economic Partnership (RCEP) is being held on May 30 and 31.
The total import and export value of agro-forestry-aquatic products in the first five months of 2022 has been estimated at 41.3 billion USD, up 8.6 percent year-on-year, according to the Ministry of Agriculture and Rural Development (MARD).
The exports of aquatic products are expected to fetch 2.8-3 billion USD in the second quarter, a year-on-year increase of 36-38 percent, thanks to the strong growth of key products, according to Le Hang, deputy director of the Vietnam Association of Seafood Exporters and Producers (VASEP)’s Training and Trade Promotion Centre.
Total foreign trade in agricultural, forestry and aquatic products hit some 31.8 billion USD in the first four months of 2022, an increase of 7 percent against the same period last year, according to the Ministry of Agriculture and Rural Development.
Vietnam produced over 2.6 million tonnes of aquatic products in the first four months of this year, a year-on-year rise of 2.2 percent, according to the Ministry of Agriculture and Rural Development (MARD).
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