Vietnam earned an estimated 604 million USD from the export of aquatic products in April, bringing the total figure of the year’s first four months to about 2.1 billion USD.
Hanoi(VNA) – Vietnam earned anestimated 604 million USD from the export of aquatic products in April,bringing the total figure of the year’s first four months to about 2.1 billionUSD, representing a year-on-year increase of 8.2 percent.
According to the Ministry of Agriculture and Rural Development (MARD), Japan, the US, China and the Republic of Korea(RoK) were main importers of Vietnamese aquatic products, accounting for 52.2percent of the total export value in the period.
Meanwhile, the highest surge was seen in theBrazilian market with 75.1 percent, followed by the Netherlands with 43.4percent; Japan, 29.5 percent; the RoK, 25.2 percent; China 17.9 percent andCanada 15.2 percent.
Imports of aquatic products were valued at 427 million USD in the four months, 35percent higher than the same period last year.
The MARD saidthe price of Tra fish for processing in the Mekong Delta region was higher inApril compared to the previous month, fluctuating between 24,000-26,000 VND/kg,while supply remains limited.
According to the Vietnam Fisheries Society,aquaculture contributed three percent to the country’s gross domestic productin 2016. Export turnover of aquatic products in the year increased 7.4 percentyear-on-year, reaching 7.05 billion USD.
The figure is expected to rise 5 percent thisyear, hitting 7.5 billion USD, 65 percent of which would come fromaquaculture.-VNA
China overtook the Republic of Korea (RoK) to claim the position as the fourth largest importer of Vietnamese seafood in 2013, with shrimp exports accounting for over 60 percent of the total figure.
Shrimp export made a record high of 4.1 billion USD in 2014, which expanded by 25 percent from 2013, according to the Ministry of Agriculture and Rural Development.
Economic experts have forecast that Vietnam’s aquatic export to the US, Japan and other Trans-Pacific Partnership (TPP) members will increase after the deal was officially signed on February 4.
Seafood exporters and producers have asked relevant ministries to work with the Chinese side to remove bottlenecks in the export of aquatic produce to China.
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Illustrative image (Source: VNA) 
