Eleven-month seafood exports down 0.9%

Vietnam’s seafood export turnover in the first 11 months of 2020 hit US$7.75 billion, down 0.9% from the same period last year, according to the Ministry of Agriculture and Rural Development (MARD).

In November alone, the country raked in US$800 million from exporting seafood, with US$418.99 million from shrimp and US$174.64 million from Tra (pangasius) fish.

The US, Japan, mainland China and the Republic of Korea (RoK) were the major import markets of Vietnamese seafood products in the last 11 months, making up nearly 60% of total export value, the ministry said.

Vietnam also spent US$1.59 billion on importing seafood during January-November, a year-on-year decrease of 1.4%.

Of the total imports, 14.4% came from India, 11.1% from Norway, and 9.2% from Japan.

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