US$1.72 billion spent on aquatic imports in 2018
VOV.VN - Aquatic imports coming into Vietnam recorded US$1.72 billion in 2018, rising by 19.6% against the previous year, according to Vietnam Customs.
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| India was the largest source of aquatic shipments to Vietnam in 2018 with US$344.5 million in value. |
Vietnam Economic Times quoted statistics from the General Department of Vietnam Customs as showing India was the largest source of aquatic shipments to Vietnam in 2018 with US$344.5 million in value, accounting for 20% of the latter’s total import turnover of aquatic products.
It was followed by Norway as the Northwestern Europe country earned US$178.64 million from aquatic exports to Vietnam, jumping by 46.2% on year.
Vietnam spent US$151.4 million importing aquatic products from Southeast Asian countries, a year on year hike of 59.3%, equivalent to 8.8% of the country’s total aquatic imports.
Aquatic imports from China and Japan totaled at US$124 million and US$108 million, respectively. These figures went up 10.5% and 29.3% against 2017.
Malaysia’s aquatic exports to Vietnam, worth US$7.6 million, saw the largest value growth of 94.6% on year. It was followed by Indonesia with an annual increase of 82% and US$96 million in export value.
Meanwhile, the value of aquatic imports from Denmark, Poland, Myanmar, and India witnessed year on year plunges of 20.6%, 17.5%, 17.4%, and 3.6% respectively.
