Shrimp processed for export (Photo: VNA) The country shipped more than 690 million USD worth of shrimp abroad duringthe period, a year-on-year increase of 15%, while earning nearly 424 millionUSD, 220 million USD and over 47 million USD from tra fish, tuna and crab and othercrustacean exports, rising 0.4%, 22.2% and nearly 60%, respectively.
VASEP Communications Director Le Hang said the US, Japan and China were thelargest importers of fisheries products, with exports to the US going up 16%,China 30% and Japan over 5%.
Shrimp exports to the US grew 15%, while those of tuna, tra fish and crabincreased significantly, from 13 to 53%.
As for the Chinese market, shipments of prawn and crab rose 11 and seven-fold againstthe same time in 2023. China’s white-leg shrimp imports from Vietnamswelled two-fold as it tightened purchases from Ecuador.
Exports of shrimp and crab to Japan recorded positive signs, posting growth of20% and 23%, respectively. Vietnamese tra fish has been increasingly favouredin the Japanese market as shipment grew 25%.
In contrast, there was no clear recovery for shrimp and tra fishexports to the EU and the Republic of Korea (RoK). However, tuna exports to themarkets escalated 27% and 15%, respectively.
Experts said as there are various barriers for the fisheries sector, including theEuropean Union’s yellow card on illegal, unreported and unregulated (IUU) fishing,the US’s anti-subsidy duties, and tensions in the Red Sea and trade conflict. Vietnameseenterprises should stand ready to put up sails and navigate the headwinds.
It is necessary to seek new customers through international fisheries fairs andexhibitions in the US, Europe, Japan and the Republic of Korea for betterrecovery, they said.
Although Vietnam could have opportunities to bolster shrimp exports as shrimplines from Ecuador and India were refused in several market due to antibioticcontamination, Vietnamese exporters should stay prudent and strictly complywith regulations from import markets as well as the domestic market to avoidbarriers and protectionism.
VASEP Chairwoman Nguyen Thi Thu Sac said local enterprises should work toensure safe supply chain and origin traceability so as to improve competitiveedge and develop sustainably.
The association and its members expect better administrative reform and supportfrom the Government and relevant ministries and sectors so that businessescould enhance their competitiveness, she said.
She suggested the fisheries business community and state agencies join hands to bolsterexports to traditional markets and potential ones such as India, the Middle Eastand ASEAN./.
VNA
