Vietnam sees strong growth in aquatic exports to US

Vietnam enjoyed a surge of 46 percent in aquatic products’ export value to the US market in August to 188.7 million USD, pushing the total revenue in the first eight months of this year to 982.9 million USD, up 7 percent over the same period last year.
Vietnam sees strong growth in aquatic exports to US ảnh 1Illustrative photo (Source: VNA)

Hanoi (VNA) – Vietnam enjoyed a surge of 46 percent in aquatic products’ export valueto the US market in August to 188.7 million USD, pushing the total revenue inthe first eight months of this year to 982.9 million USD, up 7 percent over thesame period last year.

According to theImport-Export Department under the Ministry of Industry and Trade, in the restof the year, aquatic exports to the market will see good growth, especially shrimp.

The department notedthat the US Department of Commerce has announced the results of the 12th Period of Review on shrimp imports from Vietnam, according to which anti-dumpingtariff on the product are reduced to 4.58 percent from 25.39 percent.

After slow growth inJune and July, export revenue of aquatic products in August recovered to 5.59billion USD, up 7.8 percent over the same period last year.

The VietnamAssociation of Seafood Exporters and Producers (VASEP) predicted that exportrevenue of aquatic products is likely to hit 2.7 billion USD in the thirdquarter, a 13 percent rise year-on-year.-VNA
VNA

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