September 3, 2013
Vietnam's seafood exports up 1.3% in August 2013
Vietnam's seafood exports are estimated to reach US$591 million in August 2013, leading to a year-to-date value of US$4 billion.
The figure represents a rise of 1.3% from the same period of 2012, according to Vietnam's Ministry of Agriculture and Rural Development.
The US continued to be the leading importer of Vietnam seafood products, representing a proportion of 20.9%. Between January and July 2013, exports to the US had a worth of US$712.31 million, increasing by 6.1%, reports Vietnam Association of Seafood Exporters and Processors (VASEP).
Compared to 2012, shipments to China, Canada and Thailand also reported considerable growth of 52.7%, 6.8% and 9.6% respectively. In contrast, some markets saw drop in seafood purchase from Vietnam like Japan (-1%), South Korea (-19.1%) and Spain (-11.5%).
In August, imports of fishery products into Vietnam are expected to reach US$66 million. Vietnam mainly bought fishery products from India (14.2%) and Taiwan (11.4%).