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Vietnam’s seafood sector eyes UAE market

The United Arab Emirates (UAE) is considered a favourable market for Vietnamese seafood exporters which have seen their shipments to the market increase in recent years.
The United Arab Emirates (UAE) is considered a favourable market forVietnamese seafood exporters which have seen their shipments to themarket increase in recent years.

According to the VietnamAssociation of Seafood Exporters and Processors (VASEP), Vietnamexported around 600 tonnes of seafood to the UAE in 2003 and 2004 anddoubled the volume in the next year. The growth was maintained in thefollowing years, resulting in 10,800 tonnes of seafood exported in 2008.

Aftera standstill of 6,400 tonnes of seafood shipped in 2009, the country’sexport to the UAE obtained its biggest growth this year.

Accordingto the Vietnam General Department of Customs’ report, the UAE importedover 9,100 tonnes of seafood worth 21.5 million USD from Vietnam inthe first seven months of this year, up by 41.6 percent in volume and36.3 percent in value against the same period last year.

Of the exports, tra fish was the main product, accounting for about 8,600 tonnes.

Thegrowth in export of seafood to the UAE is a positive signal due to themarket’s ease on technical standards and import tax exemption in thecontext of the sector facing difficulties in its major importingmarkets, according to some Vietnamese seafood exporters.

About 68 Vietnamese businesses nationwide have to date been engaged in exporting seafood to the UAE./.
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