The Ministry of Agriculture and
Rural Development estimates seafood exports reached US$500 million in
September, bringing the total export value over the past nine months to US$4.5
billion, 3.5 percent more than the same period last year.
The US is the leading importer of
Vietnamese seafood products, accounting for 19 percent of the total market
share, followed by Japan (15.1 percent), and the Republic of Korea (7.9 percent).
The key tuna and crab exports were the only ones to rise, by 51.6 percent to US$414 million and by 13.2 percent to US$74.9 million respectively. Other seafood product exports declined, including shrimp - down 3.6 percent to US$1.5 billion - and tra fish - down 1.2 percent to US$1.2 billion. The seafood sector is still recovering from a number of recent difficulties. Stock shortages and prolonged shrimp disease hit the sector particularly hard. Around 300 seafood processing factories were forced to close. Tra fish and shrimp import volumes are expected to increase during the remainder of 2012 as the Christmas and New Year holidays are drawing near. The upcoming harvesting season means seafood material for processing will also be abundant.
(VOV)
