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Seafood exports reached nearly 3.38 billion USD in first 5 months of 2023 

 Friday, June 16,2023

AsemconnectVietnam - In the first 5 months of 2023, Vietnam’s exports of seafood products reached nearly 3.38 billion USD, down by 28.2% compared to the first 5 months of 2022.

According to the preliminary statistics figures of the General Department of Customs, Vietnam’s seafood exports in May of 2023 continued to increase by 8.9% compared to April of 2023 but decreased by 23.8% compared to May of 2022, reaching nearly 809.46 million USD. In general, in the first 5 months of 2023, the exports of this group of goods reached nearly 3.38 billion USD, down by 28.2% compared to the first 5 months of 2022.
Japanese market was leading the list of the country’s main seafood export markets, accounted for 17.2% of the total export turnover of this commodity group of the country, reaching over 580.28 million USD, down by 9.2% compared to the first 5 months of 2022. In May of 2023 alone, the country’s exports of seafood to Japan reached 136.79 million USD, up by 12.3% compared to April of 2023 but down by 8% compared to May of 2022.
The US market ranked second in terms of turnover, accounting for 16.7%, reaching nearly 562.52 million USD, a sharp decrease of 48.7%. In May of 2023 alone, the exports to this market reached 150.89 million USD, up by 17.3% compared to April of 2023 but sharply decreased 38.6% compared to May of 2022.
The next was the Chinese market. In May of 2023, the country’s exports of seafood to China increased by 19.7% compared to April of 2023 but decreased by 12.3% compared to May of 2022, reaching 150.27 million USD. In total, in the first 5 months of 2023, the exports of seafood to this market decreased by 26.8% compared to the first 5 months of 2022, reaching over 512.69 million USD, accounting for 15.2% of the total export turnover of this commodity group.
Seafood exports to the FTA RCEP markets in the first 5 months of 2023 decreased by 18.4% compared to the first 5 months of 2022, reaching over 1.78 billion USD, accounting for 52.8% of the total turnover; while the exports to the FTA CPTTP market decreased by 21.4%, reaching over 193.29 million USD, accounting for 27%. The exports to the Southeast Asian market accounted for 8.1% of the total turnover, reaching over 273.28 million USD, down by 11.8%.
CK
Source: VITIC

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