Seafood exports surge 23.5% in two months
(VOV) - Seafood export earnings hit US$335 million in February, bringing its two-month export value to US$919 million, a year on year rise of 23.5%.
The Ministry of Agriculture and Rural Development (MARD) reports the US remains Vietnam’s biggest seafood consumer, accounting for 26.67% of the total value.
In January alone, the US imported US$155.6 million worth of Vietnamese seafood, a staggering increase of 89% compared to the same period last year.
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Exports to Japan, the Republic of Korea and Australia spiked up by 17.85%, 29.27% and 31.45%, respectively, while exports to China and Thailand tumbled by 37.79% and 7%.
Vietnam imported US$75 million worth of seafood in February, bringing the total import value in the first two months to US$175 million, double last year’s figure.
Its two chief suppliers are India (accounting for 47.9% of total import value) and Taiwan (6%).