June 1, 2017
Vietnam's exports of aquatic products up 10.4% in first 5 months
Exports of aquatic products raked in US$618 million for Vietnam in May, pushing the total amount in the first five months to $2.8 billion, or a year-on-year rise of 10.4%
The Ministry of Agriculture and Rural Development (MARD) said the US, Japan, China and South Korea were the leading importers of Vietnamese aquatic products, accounting for 53.5% of the country's export value, according to a report by Việt Nam News.
Vietnam also imported $87 million worth of aquatic products in May, raising the five-month figure to $508 million, up 28% year-on-year, the report added.
MARD explained that the hike in imports was due to the increased purchase of fish by processing facilities that export their products, particularly to the Chinese market.
Tra fish processing facility in Vietnam PHOTO FROM VIET NAM NEWS
