Vietnam ranks third among seafood suppliers to RoK

VOV.VN - Vietnam was the third largest provider of seafood products to the Republic of Korea (RoK) in the opening 10 months of the year, according to the Korean Customs Service.

The country exported a total of 124,300 tonnes of aquatic products worth US$625.2 million throughout the reviewed period, a drop of 0.8% in volume and an increase of 4.4% in value against the same period last year.

Currently, Vietnamese seafood accounts for 10.7% of the RoK's total imports, making Vietnam the third largest seafood supplier to this market, behind only China and Russia.

The RoK’s seafood imports during the remaining months of the year and into early 2022 are anticipated to skyrocket, with its import demand for high-value aquatic products picking up, according to the Import-Export Department under the Ministry of Industry and Trade.

This will offer an opportunity for Vietnamese firms to boost the export of high-priced shrimp products to the RoK in the near future.

The RoK’s seafood imports during the reviewed period increased by 5.9% year on year in both volume and value to 1.17 million tonnes worth US$4.49 billion.

Related

Vietnamese seafood exports to US enjoy rebound
Vietnamese seafood exports to US enjoy rebound

VOV.VN - Vietnam’s seafood exports to the United States saw a year-on-year rise of 24% to US$1.45 billion during the opening nine months of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnamese seafood exports to US enjoy rebound

Vietnamese seafood exports to US enjoy rebound

VOV.VN - Vietnam’s seafood exports to the United States saw a year-on-year rise of 24% to US$1.45 billion during the opening nine months of the year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam to join world's top five seafood processing countries by 2030
Vietnam to join world's top five seafood processing countries by 2030

The growth of processed seafood output in Vietnam will reach over 6% a year by 2030 under a national seafood processing development strategy for 2021-2030 which has been approved by the Prime Minister.

Vietnam to join world's top five seafood processing countries by 2030

Vietnam to join world's top five seafood processing countries by 2030

The growth of processed seafood output in Vietnam will reach over 6% a year by 2030 under a national seafood processing development strategy for 2021-2030 which has been approved by the Prime Minister.