Saturday, October 19,2019 - 14:12 GMT+7  Việt Nam EngLish 

Seafood imports increased 4.4% in first seven months 

 Wednesday, September 18,2019

AsemconnectVietnam - In the first 7 months of 2019, seafood import turnover reached over 1.05 billion USD, up by 4.4 per cent compared to the same period of 2018.

According to the preliminary statistics figures of the General Department of Customs, Vietnam’s seafood imports in July of 2019 increased by 15.2 per cent compared to June of 2019 and also increased by 17.9 per cent compared to July of 2018, reaching 172.56 million USD. In the first 7 months of 2019, seafood import value reached over 1.05 billion USD, up by 4.4 per cent over the same period of 2018.


Vietnam imported seafood mostly from Norway, India; China, Japan and Southeast Asia; in which the imports from Norway continued to increase strongly, with the value of 128.37 million USD in the first 7 months, accounting for 12.2 per cent of the total seafood import value, up by 25.6 per cent over the same period of 2018.  In July of 2019, the country’s imports of seafood from Norway increased sharply by 91.4 per cent compared to June of 2019 and also increased by 74.3 per cent compared to July of 2018, reaching 24.26 million USD.

The country’s seafood imports from the Indian market in July of 2019 plummeted by 29 per cent compared to June of 2019 and also fell by 55.4 per cent compared to July of 2018, reaching 14.65 million USD. In the first 7 months of this year, the imports of seafood from India also dropped sharply by 46.8 per cent over the same period last year, reaching 122.96 million USD, accounting for 11.7 per cent of total seafood import value of the whole country.

Meanwhile, the imports of seafood from Southeast Asia in July of 2019, despite a drop of 0.1 per cent compared to June of 2019 but still reached 16.53 million USD, but for the first 7 months of the year, the figure still remained an increase of 41.1 per cent over the same period last year, reaching 112.65 million USD, accounting for 10.7 per cent of the country's total seafood import value.

In addition, Vietnam also imported seafood from China with 81.02 million USD, up by 22.5 per cent; fron Japan - 77.05 million USD, up by 20.3 per cent; from Taiwan - 63.51 million USD, up by 1.3 per cent; Indonesia - 63.34 million USD, up by 30.6 per cent.
In the first 7 months of this year, only 5 seafood import markets saw a decrease in import value over the same period last year. In addition to the Indian market, the imports from Chile also decreased by 17.7 per cent, reaching 37.9 million USD; from Myanmar - decreased by 5.9 per cent, reaching 4.15 million USD; from South Korea - decreased by 6.5 per cent, reaching 44.22 million USD; and from Poland - decreased by 5.9 per cent to 4.15 million USD.

The import markets saw sharp increase in value over the same period last year, including: the Philippines - increased by 214.1 per cent, reaching 16.26 million USD; the US - increased by 79.5 per cent, reaching 54.48 million USD; Canada - increased by 43.7 per cent, reaching 34 million USD; Malaysia - increased by 41.3 per cent, reaching 5.91 million USD.
 
Vietnam’s imports of seafood in the first 7 months of 2019 – source: the General Department of Customs
 
Market
 
July of 2019
 
+/- vs. June of 2019 (%)
 
First 7 months of 2019
 
+/- vs. same period of 2018 (%)
 
Total
 
172,564,539
 
15.2
 
1,051,707,881
 
4.4
Norway
24,263,071
91.41
128,373,579
25.59
India
14,645,820
-28.98
122,956,380
-46.81
South East Asia
16,531,229
-0.12
112,647,318
41.06
China
10,557,942
16.37
81,019,587
22.47
Japan
11,832,456
-17.03
77,047,215
20.3
Taiwan (CN)
10,478,138
15.41
63,508,223
1.28
Indonesia
8,280,266
58.36
63,339,114
30.62
Russia
10,413,919
67.63
57,533,171
22.78
The U.S
7,501,518
-10.96
54,481,219
79.48
South Korea
5,815,803
-41.16
44,218,246
-6.52
Chile
5,139,037
79.35
37,902,837
-17.71
Canada
19,727,804
490.65
33,996,786
43.69
EU
4,110,404
14.09
31,222,458
15.03
The Philippines
2,667,147
-50.88
16,263,251
214.1
Thailand
2,100,297
-28.13
16,200,567
26.28
Denmark
815,884
-52.74
12,284,465
4.71
Britain
2,076,010
54.18
12,276,047
11.63
Singapore
1,517,012
0.25
9,307,845
26.07
Malaysia
1,836,701
44.02
5,907,022
41.3
Poland
1,177,685
244.79
4,152,056
-5.9
Ireland
40,825
-78.33
2,509,890
 
Myanmar
129,806
-28.62
1,629,519
-9.44
Bangladesh
30,000
 
847,949
 
 
CK
Source: VITIC

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