11-month aquatic products export hit US$7.57 billion

Export value of aquatic products is estimated at US$728 million in November, bringing the 11-month value to US$7.57 billion, up 18.3% annually, according to the Ministry of Agriculture and Rural Development. 

The US, Japan, China and Republic of Korea (RoK) are the four leading importers, accounting for 58.2% of the country’s total shipment value. Markets seeing strong growth include China (67.9%), the Netherlands (47.5%), the UK (35%) and the RoK (29.5%). 

Also in November, aquatic products import hit US$150 million, raising the 11-month import value to US$1.3 billion, or a 32.5% increase year-on-year. 

In the Mekong Delta, tra fish used as material for processing plants is priced at VND26,000 – 28,500 (US$1.15 – 1.26) per kg, or even VND29,000 – 30,000 in the provinces of Dong Thap and Vinh Long due to limited supply. 

Prices of tiger prawn fell to VND140,000 – 200,000 per kg wholesale.

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