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U.S – biggest seafood export market of Vietnam 

 Thursday, October 25,2018

AsemconnectVietnam - Vietnam earned nearly US$6.36 billion from seafood exports in the first nine months of this year, increased by 6.2 per cent over the same period last year, showed the statistics figures of the General Department of Customs.

The U.S was the country’s leading seafood export market in the period with the export turnover of $1.14 billion, up by 9.3 per cent year – on – year and accounted for 17.9 per cent of the total.

The EU ranked second with $1.09 billion, up by 7.7 per cent; and then Japan - $993.76 million, up by 5 per cent; China - $720.19 million, down by 8.1 per cent; and South Korea - $611.82 million, up by 13.1 per cent.

The country’s exports of seafood to the Southeast Asian countries reached $491 million, up by 13.1 per cent year – on – year and accounted for 7.7 per cent of the total.

In the first nine months of this year, the country’s exports of seafood to Cambodia increased sharply by
81.9 per cent to $19.21 million; to the U.A.E – up by 78.8 per cent to $62.16 million; to India – up by 48.5 per cent to $21.53 million; to Egypt – up by 42.9 per cent to $33.87 million; and to Brunei – up by 39.3 per cent to $1.18 million.

However, the country’s exports of seafood to Saudi Arabia decreased by 71 per cent to $14.1 million; to Czech – down by 43.9 per cent to $4.3 million; to Denmark – down by 33.9 per cent to $33.66 million; and to Indonesia – down by 33.6 per cent to $3.06 million.

The country’s exports of shrimp in the first nine months of this year totaled over $2.7 billion, down by 3 per cent year – on – year. According to VASEP, the country’s total shrimp exports are expected to reach nearly $3.8 billion in 2018.

Meanwhile, the exports of Tra fish reached $1.6 billion in the first nine months, up by 24 per cent year – on – year.

The country’s total seafood exports may reach $2.5 billion in the fourth quarter of this year and $8.9 - 9 billion this year, up by 7 per cent compared with 2017, according to VASEP.

Vietnam’s seafood exports in the first nine months of 2018 -
Unit: US$ - source: VITIC – according to the figures of the General Department of Customs
Market
September of 2018
September of 2018 vs. August of 2018 (%)
First 9 months of 2018
First 9 months of 2018 vs. same period of 2017 (%)
Total
778,341,913
-9.66
6,364,940,104
6.21
The U.S
162,276,995
-14.01
1,142,248,851
9.25
Japan
124,917,021
-4.28
993,755,162
5.04
China
83,247,446
-1.98
720,186,742
-8.13
South Korea
73,488,186
-8.12
611,819,593
13.13
The Netherlands
22,963,097
-19.43
236,175,601
15.79
Britain
36,633,752
-8.81
232,040,325
20.26
Thailand
27,272,459
-10.23
212,770,033
16.93
Canada
25,911,507
-13.28
172,203,873
6.47
Germany
15,220,953
-11.92
144,382,998
10.61
Australia
18,622,517
-7.77
140,571,206
12.68
Hong Kong (CN)
15,145,476
-10.67
140,245,164
22.86
Belgium
11,800,091
-10.31
115,268,801
-0.24
Italy
9,673,460
-4.25
92,292,281
-14.86
Philippines
9,696,484
-16.86
88,950,931
0.8
Singapore
9,091,222
-8.11
84,306,261
14.28
Malaysia
9,378,776
-6.66
81,523,256
9.9
France
9,385,003
2.9
81,291,507
2.65
Taiwan (CN)
9,732,680
-13.75
80,989,251
-0.6
Mexico
7,249,722
-27.95
78,654,230
-10.61
Israel
6,499,386
9.84
74,943,218
30.41
Russia
4,053,406
-20.48
62,221,298
-13.27
U.A.E
5,277,835
-34.23
62,159,626
78.75
Spain
8,394,153
10.16
57,970,484
20.08
Brazil
7,523,605
40.6
56,726,869
-27.22
Colombia
6,463,092
15.26
46,307,793
9.34
Portugal
3,149,061
-58.78
46,044,668
32.08
Egypt
4,025,056
-3.52
33,865,814
42.93
Denmark
3,853,698
-28.15
33,663,222
-33.88
Switzerland
2,132,612
-12.31
24,781,034
-20.54
India
1,688,307
-49.97
21,532,710
48.47
Cambodia
2,353,893
0.16
19,211,819
81.86
Poland
2,826,459
24.98
18,007,731
21.93
Pakistan
2,440,968
69.19
17,003,031
33.21
Saudi Arabia
38,640
 
14,098,114
-71
New Zealand
1,327,393
12.79
13,445,395
9.07
Sweden
1,110,992
-43.33
13,065,707
25.34
Ukraine
1,680,467
-16.96
12,666,167
13.85
Iraq
707,018
-42.39
7,381,871
-6.33
Turkey
441,224
-1.37
6,906,662
14.72
Greece
223,055
-72.62
6,542,192
4.18
Kuwait
452,636
-28.77
6,339,665
-2.04
Romania
955,039
20.06
5,509,416
7.36
Czech
119,008
-75.11
4,300,001
-43.92
Indonesia
600,141
498.94
3,064,252
-33.59
Brunei
62,682
-74.54
1,177,779
39.27
CK
Source: VITIC

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