Illustrative image (Photo: VNA) HCM City (VNA) - Vietnam’s shrimp and tunaexports to EU markets showed signs of recovery in July and August despite the impactof COVID-19, rising slightly against previous months and the same period last year.
Vietnam earned 54.2 million USD from exporting shrimp to the EU in July, up 2 percentyear-on-year. Shrimp exports in August were estimated to increase 20 percentyear-on-year.
According to the Vietnam Association of SeafoodExporters and Producers (VASEP), along with the fact that EU countrieshave gradually controlled COVID-19, the EU-Vietnam Free Trade Agreement (EVFTA),which took effect on August 1, has also had an impact on Vietnam’s exports to themarket, including aquatic products.
The EU is Vietnam’s fourth-largest shrimp importerafter the US, Japan, and China, and currently accounts for 13.3 percent of thecountry’s total shrimp export value.
With positive signs over the last two months, VASEP forecasts that Vietnam’s shrimpexports to the EU will continue to increase over the remainder of the year, thoughgrowth will be curtailed by the pandemic.
Tuna exports, meanwhile, have recovered faster than shrimp exports, rising 65 percentyear-on-year in July.
Figures from customs agencies reveal that Germany, Italy, and the Netherlands werethe largest importers of Vietnamese tuna products in the EU. In July alone, tunaexports to those markets grew an impressive 119, 200, and 210 percent, respectively.
Germany remains the largest import market in the EU for canned tuna from Vietnam,which account for 69 percent of its total imports./.
Vietnam earned 54.2 million USD from exporting shrimp to the EU in July, up 2 percentyear-on-year. Shrimp exports in August were estimated to increase 20 percentyear-on-year.
According to the Vietnam Association of SeafoodExporters and Producers (VASEP), along with the fact that EU countrieshave gradually controlled COVID-19, the EU-Vietnam Free Trade Agreement (EVFTA),which took effect on August 1, has also had an impact on Vietnam’s exports to themarket, including aquatic products.
The EU is Vietnam’s fourth-largest shrimp importerafter the US, Japan, and China, and currently accounts for 13.3 percent of thecountry’s total shrimp export value.
With positive signs over the last two months, VASEP forecasts that Vietnam’s shrimpexports to the EU will continue to increase over the remainder of the year, thoughgrowth will be curtailed by the pandemic.
Tuna exports, meanwhile, have recovered faster than shrimp exports, rising 65 percentyear-on-year in July.
Figures from customs agencies reveal that Germany, Italy, and the Netherlands werethe largest importers of Vietnamese tuna products in the EU. In July alone, tunaexports to those markets grew an impressive 119, 200, and 210 percent, respectively.
Germany remains the largest import market in the EU for canned tuna from Vietnam,which account for 69 percent of its total imports./.
VNA
