Aquatic exports rise by 10% in five months

Vietnam recorded a year-on-year rise of 9.7% in aquatic exports to US$3.12 billion in the first five months of 2018, according to the Ministry of Agriculture and Rural Development (MARD).

aquatic exports rise by 10% in five months hinh 0

Fishery exports in May alone were estimated at US$671 million.

The US, Japan, China and the Republic of Korea were the four biggest importers of Vietnamese aquatic products between January and April, making up 52.7% of total fishery exports in the period.

Meanwhile, markets with strong growth in aquatic imports from Vietnam were the Netherlands (60.2%), China (28.8%), the UK (27.4%) and Germany (27%).

Also in May, the country imported about US$165 million worth of fishery products, raising the five-month aquatic import value to US$698 million, up 33.5% from a year earlier.

The MARD added in the first five months, while total export value of agro-forestry-fishery products reached US$15.6 billion, about US$12.29 billion was spent on importing these products, respectively up 9.9% and 10.6% from the same period last year.

VNA

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