With its continuous growth over the past 10 years, ASEAN has become an important market for Vietnamese seafood, and the prospect of 1 billion USD worth of yearly seafood export revenue is reachable.
According to the Vietnam Association of Seafood Exporters and Producers, Vietnam’s seafood export turnover to ASEAN hit 612 million USD in 2017, up from only 66 million USD in 1998.
Vietnamese fishery products have been shipped to all other ASEAN countries, with top items being saltwater fish, tra fish, cuttlefish and octopus.
Seafood trading in ASEAN stands at 20 billion USD each year and is expected to expand by 3.7 percent annually in the years to come.-VNA
VNA
