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Seafood exports in first 7 months and forecast 

 Friday, August 26,2016

AsemconnectVietnam - Vietnam’s seafood exports totaled US$ 611.3 million in July and $ 3.69 billion in the first 7 months of this year, according to the preliminary statistics figures of the General Department of Customs.

The U.S, Japan, China and South Korea were the country’s 4 leading seafood export markets in the first 7 months of this year. The exports of seafood to the U.S reached $ 761.7 million, up by 11 per cent; to Japan – down by 3 per cent to $ 537.9 million; to China – up by 53 per cent to $ 350.4 million; to South Korea – up by 2 per cent to $ 311.9 million. 

According to the forecast of Vietnam Association of Seafood Exporters (VASEP), Vietnam’s shrimp exports may reach $ 3 billion this year, up by 10 per cent year – on – year while the exports of tuna – up by 10 per cent to $ 500 million; squids and octopus – up by 5 per cent to $ 450 million; Tra fish – down by 4 per cent to $ 1.6 billion.

The country’s seafood exports are expected to reach $ 7.1 billion this year, up by 8 per cent year –on – year.  

Vietnam’s exports of seafood in the first 7 months of 2016 - Unit: US$ - Source: The General Department of Customs

Market
First 7 months of 2016
First 7 months of 2015
First 7 months of 2016 vs. same period of 2015 (%)
Total
3,686,847,349
3,577,328,705
+3.06
The U.S
761,729,491
687,160,268
+10.85
Japan
537,856,276
553,036,119
-2.74
China
350,377,805
228,625,135
+53.25
South Korea
311,904,705
305,748,216
+2.01
Thailand
132,633,527
121,758,288
+8.93
The Netherlands
106,653,333
99,855,493
+6.81
The U.K
105,148,642
103,047,814
+2.04
Germany
101,560,754
112,150,212
-9.44
Australia
94,525,058
95,582,688
-1.11
Canada
89,212,944
99,933,915
-10.73
Hong Kong
85,763,490
83,412,369
+2.82
Italy
70,473,251
64,769,452
+8.81
Belgium
70,072,041
61,758,626
+13.46
France
57,458,707
61,321,622
-6.30
Singapore
56,213,821
57,704,420
-2.58
Taiwan
55,765,354
68,563,377
-18.67
Spain
50,202,023
52,363,455
-4.13
Mexico
49,908,144
52,097,009
-4.20
Malaysia
42,602,545
43,424,708
-1.89
The Philippines
42,166,255
33,688,364
+25.17
Russia
41,416,463
43,051,580
-3.80
Brazil
39,356,508
38,885,740
+1.21
Saudi Arabia
36,157,176
40,457,483
-10.63
Colombia
33,032,878
36,188,177
-8.72
The U.A.E
31,710,775
36,293,579
-12.63
Portugal
26,272,600
22,829,640
+15.08
Egypt
26,130,855
37,551,634
-30.41
Israel
22,309,321
22,666,527
-1.58
Switzerland
20,431,547
26,333,811
-22.41
Denmark
16,107,850
18,690,707
-13.82
India
11,153,277
10,063,769
+10.83
Sweden
9,756,340
11,541,527
-15.47
New Zealand
9,649,771
11,075,407
-12.87
Poland
8,095,800
9,844,736
-17.77
Cambodia
7,427,002
10,269,863
-27.68
Ukraine
7,361,559
3,972,253
+85.32
Pakistan
6,578,589
8,009,943
-17.87
Czech
6,482,796
8,450,670
-23.29
Kuwait
6,258,306
7,689,647
-18.61
Iraq
6,199,082
5,245,689
+18.17
Greece
5,978,520
5,608,243
+6.60
Turkey
3,052,123
4,964,719
-38.52
Rumania
2,940,164
2,724,713
+7.91
Indonesia
2,859,674
1,568,502
+82.32
Brunei
643,244
767,176
-16.15
K.Cuc
Source: VITIC

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