Vietnam’s total aquatic product exports increase by 2.2%in the first two months
By: Date: 2021-03-02 Categories: Internationalfood Tags: ,
   (People’s Daily) According to the Vietnam Aquatic Products and Processing Export Association, in February 2021, Vietnam’s total aquatic product exports reached US$405 million, a decrease of 19%from the same period in 2020. In the first two months of 2021, Vietnam’s aquatic product exports exceeded US$1 billion, a year-on-year increase of 2.2%. It is worth noting that since the beginning of 2021, Vietnam’s inspection of fish exports has released many positive signals.

   In January 2021, the export value of the investigation fish reached 123.5 million US dollars, an increase of 22%; the export value of the investigation fish reached 90 million US dollars in February, a decrease of 17%. In the first two months, Chayu’s export value reached US$214 million, an increase of 1.7%year-on-year.
   In January, the export value of frozen cha fish flakes increased by 54%, and the export value of frozen cha fish (whole pieces) increased by 162%. With the exception of China and the European Union, Vietnam’s exports of Chayu in all other markets have shown a strong recovery. Among them, the US market increased by 51%, the Mexican market increased by 73%, the Australian market increased by 45%, the Canadian market increased by 42%, and markets such as Brazil, Colombia, the United Kingdom, and Russia all grew during the 37-129%period.
   At the same time, in February, shrimp exports reached approximately US$160 million, a decrease of 18%from the same period in 2020. In the first two months, Vietnam’s shrimp exports amounted to approximately 38 million U.S. dollars, a slight decrease of 0.8%year-on-year. Among them, the white shrimp exports amounted to 304 million U.S. dollars, accounting for about 80%of the total shrimp exports, an increase of 14%over the same period last year. The black tiger shrimp accounted for only 10%, about 38 million U.S. dollars, a decrease of 48%.
   The value of seafood exports in January increased by 31.4%to US$264 million. In February, the value of seafood exports fell by 21%to US$156. In the first two months, seafood exports reached 420 million U.S. dollars, an increase of 5.5%.
  The Vietnam Aquatic Products and Processing Export Association predicts that in March 2021, Vietnam’s aquatic product exports are expected to reach US$640 million, a year-on-year increase of 1.5%. Driven by various free trade agreements, the export of Vietnamese aquatic products to the United States, the European Union and other member states of the CPTPP will maintain a good growth momentum. (End)