Illustrative image (Photo: VNA) Despite various challenges and difficulties caused by the COVID-19 pandemic and global changesin the last two years, Vietnamese seafood enterprises have seized opportunities to expand exports, and won orders with much higher prices than those in2021.
The positive resultswere attributed to the recovering and booming demand in many markets, the shortageof supply, and the increasing inflation in many countries.
Vietnamese seafoodprocessors and exporters have fully tapped advantages from the high inflationof the US market, China’s zero-COVID policy, and the strongly recovering demandin the European market to increase their exports to foreign markets.
Notably, exports ofshrimp, tra fish and other key commodities to the US market recorded highergrowths compared to 2021.
Vietnam’s seafood exports to China reached over 700 million USD in the firstfive months, a sharp rise of 94 percent year-on-year. The export of tra fish tothe market accounted for 53 percent of the total seafood exports in the period.
According to Truong Dinh Hoe, General Secretary of VASEP, Vietnam's aquatic export is hoped to hit 9 billion USD in 2022.
To achieve this goal, exporters need tostrictly comply with market regulations as well as meet any additional need for individual market, accurately label their products, and pay attention to controllingthe quality of products, Hoe said.
He also advisedbusinesses to seek opportunities to increase their market share of tra fish in the context of a shortage of whitefish supply in European countries, and have solutions to take advantage of the EuropeUnion – Vietnam Free Trade Agreement (EVFTA)./.
VNA
