Tuna, squid, octopus export sets new records
Vietnam pocketed US$890 million from exporting tuna in the first 10 months of this year – the highest-ever figure, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
VASEP said that amid rising inflation, European importers tend to increase their import of raw tuna from sources with competitive prices and customs advantages. Therefore, it forecast that Vietnam's tuna export to the EU in the last months of the year will continue to climb compared to the same period in 2021.
In addition, tuna export is forecast to continue growing in some other important markets such as the Middle East, Japan.
Le Hang, Deputy Director of VASEP.PRO Centre, said that by the end of this year, the turnover will hit the US$1 billion mark for the first time.
Impressive growth was also recorded in the export of squid and octopus, as the value reached US$625 million in the January-October period, up 32% year-on-year, and higher than the US$602 million of 2021.
The turnover is predicted to surpass the US$700 million mark for the first time, at around US$734 million.