Vietnam’s aquatic product exports hit US$2.8 billion
Vietnam’s aquatic product export turnover reached US$618 million in May, pushing the total figure in the first five months of 2017 to US$2.8 billion, a year-on-year rise of 10.4%, reported the Ministry of Agriculture and Rural Development.
The US, Japan, China and the Republic of Korea were leading importers of Vietnamese aquatic products, which accounted for 53.5% of the country’s export value.
Also in May, Vietnam imported US$87 million worth of aquatic products, raising the five-month figure to US$508 million, up 28% year on year.
According to the ministry, processing enterprises have increased the purchase of fish for export, especially to the Chinese market. Meanwhile, despite a slight fall, tra fish price still remained high at around VND26,000 per kilo.
Tra fish production in the Mekong Delta region in the first five months of this year reached nearly 466,000 tonnes, an increase of 11.1% compared to the same period last year, while farming area was 3,092 hectares, a drop of 6.2%.
Meanwhile, material shrimp price in May rose slightly after a decline in the previous month.
