Seafood exports to US hit record high

(VOV) - Vietnam’s seafood exports to the US for calendar year 2014 jumped 25.6% on-year, tallying in at US$1.709 billion, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

VASEP reported the US remained the country’s largest seafood market, accounting for 21.82% of the total market share.

Vietnamese seafood exports to Japan, the Republic of Korea and China increased by 7.55%, 27.85% and 11.38% respectively.

Vietnam was also the third largest supplier of seafood to Australia, trailing New Zealand and China.

In 2014 the country’s total seafood export value reached nearly US$8 billion, exceeding the target by US$1 billion.

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