Shrimp exports provided the biggest contribution to the country's total aquatic product export value in 2017 (Photo: VNA)
Hanoi (VNA) – Vietnam earned some 2.4 billion USD from exportingaquatic products in the first four months of 2018, representing a year-on-yearrise of 13 percent.
According to the Ministry of Agriculture andRural Development (MARD), in April alone, the country raked in 650 million USDfrom the export of aquatic products.
The US, Japan, China and the Republic of Korea were the biggestimporters in January-March, making up 52 percent of the Southeast Asiancountry’s total aquatic product exports.
The highest growth was reported in the Netherlands (55.7 percent),China (44.6 percent) and the UK (33.8 percent).
In the four-month period, Vietnam imported 536 million USD worth of aquaticproducts, up 27.4 percent against the same period last year. Of the figure, 130million worth of aquatic products were imported in April.
Vietnam gained its highest ever aquatic product export value of 8.32billion USD in 2017, a year-on-year increase of 18 percent, according to the MARD.
The Vietnam Association of Seafood Exporters and Producers (VASEP) saidshrimp exports provided the biggest contribution to the total export value,with a growth rate of 21 percent to 3.8 billion USD in 2017.
Aquatic product exports in 2018 are expected to exceed 8.5 billion USD,up about 3 percent compared to 2017, though Vietnam's exports to the US and EUmarkets will continue to be affected by catfish inspection, anti-dumping andillegal, unreported and unregulated fishing (IUU), according to theVASEP.-VNA
