Vietnam’s agro-forestry-fishery exports to the Republic of Korea (RoK) have surged thanks to the bilateral Free Trade Agreement (VKFTA), topping US$2 billion annually during 2016 - 2023, and the Northeast Asian country is forecast to remain an attractive market in the coming time.
China, the US and Japan were the three largest importers of Vietnam’s fishery products in the first quarter of this year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
With trade promotion activities intensified, the agro-forestry-fishery sector is able to earn US$54-55 billion in export revenue this year as assigned by the Prime Minister, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
Vietnam’s fisheries exports generated nearly US$2 billion in revenue from January – March, up 8% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The export of agro-forestry-fishery products to Japan is forecast to continue thriving in 2024 as numerous export opportunities are in place.
VOV.VN - Vietnamese seafood exports during the first two months of the year soared by 23% to US$1.3 billion against the same period last year, with many businesses receiving new export orders, according to industry insiders.
Vietnam has recorded tangible changes in agro-forestry-fishery exports thanks to preferential tariffs in trade with member countries of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) after five years the trade pact took effect.
VOV.VN - Vietnam’s agro-forestry-aquatic exports reached US$38.48 billion in the past nine months of the year, of which exports to China accounted for up to 22.1%, according to the Ministry of Agriculture and Rural Development.
The value of Vietnam's agro-forestry-fishery export to the European Union (EU) market reached US$2.1 billion in the first half of this year, down 16.6% year-on-year, according to the Ministry of Agriculture and Rural Development.
VOV.VN - Agro-forestry and fishery exports earned a total of US$20.26 billion during the past five months of the year, of which rice represented a bright spot in the nation’s overall export turnover.