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 for
Vietnamese seafood exporters which have seen their shipments to the
market increase in recent years.
According to the Vietnam Association of Seafood Exporters and Processors (VASEP), Vietnam exported around 600 tonnes of seafood to the UAE in 2003 and 2004 and doubled the volume in the next year. The growth was maintained in the following years, resulting in 10,800 tonnes of seafood exported in 2008.
After a standstill of 6,400 tonnes of seafood shipped in 2009, the country’s export to the UAE obtained its biggest growth this year.
According to the Vietnam General Department of Customs’ report, the UAE imported over 9,100 tonnes of seafood worth 21.5 million USD from Vietnam in the first seven months of this year, up by 41.6 percent in volume and 36.3 percent in value against the same period last year.
Of the exports, tra fish was the main product, accounting for about 8,600 tonnes.
The growth in export of seafood to the UAE is a positive signal due to the market’s ease on technical standards and import tax exemption in the context of the sector facing difficulties in its major importing markets, according to some Vietnamese seafood exporters.
About 68 Vietnamese businesses nationwide have to date been engaged in exporting seafood to the UAE./.
According to the Vietnam Association of Seafood Exporters and Processors (VASEP), Vietnam exported around 600 tonnes of seafood to the UAE in 2003 and 2004 and doubled the volume in the next year. The growth was maintained in the following years, resulting in 10,800 tonnes of seafood exported in 2008.
After a standstill of 6,400 tonnes of seafood shipped in 2009, the country’s export to the UAE obtained its biggest growth this year.
According to the Vietnam General Department of Customs’ report, the UAE imported over 9,100 tonnes of seafood worth 21.5 million USD from Vietnam in the first seven months of this year, up by 41.6 percent in volume and 36.3 percent in value against the same period last year.
Of the exports, tra fish was the main product, accounting for about 8,600 tonnes.
The growth in export of seafood to the UAE is a positive signal due to the market’s ease on technical standards and import tax exemption in the context of the sector facing difficulties in its major importing markets, 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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