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Exports of aquatic products surge in six months

Vietnam’s export turnover of aquatic products was estimated at 653 million USD in June, raising the total figure in the first half of this year to 3.5 billion USD, up 14.1 percent year-on-year.
Exports of aquatic products surge in six months ảnh 1Vietnam’s tuna export earnings gained a year-on-year increase of 20 percent to 216 million USD in the first five months (Source: VNA)
Hanoi (VNA) – Vietnam’sexport turnover of aquatic products was estimated at 653 million USD in June,raising the total figure in the first half of this year to 3.5 billion USD, up14.1 percent year-on-year, reported the Ministry of Agriculture and RuralDevelopment.

The increase was attributed tothe growth in exports of seafood, especially tuna.

Vietnam’s tuna export earningsgained a year-on-year increase of 20 percent to 216 million USD in the firstfive months. The country also earned 199 million USD from shipping squids andoctopus abroad, up 39 percent against the same period last year.

The Vietnam Association ofSeafood Exporters and Producers (VASEP)’s statistics showed that the US, theEuropean Union, Japan, China and the Republic of Korea (RoK) remained Vietnam’slargest importers of aquatic products, accounting for 54.6 percent of the totalexport turnover.

However, decreases were seen inthe US and EU markets, down 12.7 percent and 0.7 percent respectively.Meanwhile, the Japanese, Chinese and RoK markets reported impressive growth, up29.3 percent, 20.1 percent, and 26.1 percent, respectively.

Domestic aquatic productprocessors, which had been affected seriously by the Formosa environmentalincident in 2016 in the central region, also recorded growth.

Tran Dinh Nam, General Directorof the South Ha Tinh Seaproducts Import and Export Joint Stock Company(SHATICO), said that his company’s export value reached only 2.6 million USDlast year, but it was estimated at nearly 2 million USD in the first six monthsof this year.-VNA
VNA

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