Seafood exports to the US on the increase


Viet Nam exported 22 per cent of its total seafood market to the US in the first quarter of 2014, states the Ministry of Industry and Trade's department of import and export.

In January 2014, exports achieved $155.63 million, an increase of 87.8 per cent over the same period last year.— Photo vietbao

HA NOI (Biz Hub) — Viet Nam exported 22 per cent of its total seafood market to the US in the first quarter of 2014, states the Ministry of Industry and Trade's department of import and export.

The export turnover in this market in 2013 reached US$1.52 billion, up 27.4 per cent over 2012. In January 2014, exports achieved $155.63 million, an increase of 87.8 per cent over the same period last year. The US took the lead in importing shrimp, pangasius, tuna and crab.

In the first quarter of 2014, the main export seafood to the US increased. Shrimp and pangasius, (accounted for 80 per cent of total seafood exports), had the strongest growth (shrimp up 163 per cent, pangasius up 44.6 per cent). Of the three main seafood export markets, including the US, EU, and Japan, exports to the US achieved the highest level in 2013 and at the beginning of 2014. — VNS

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