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    Home > Food News > Food Articles > Vietnam's fish exports in the first 11 months of 2022 increased by 77% year-on-year

    Vietnam's fish exports in the first 11 months of 2022 increased by 77% year-on-year

    • Last Update: 2022-12-29
    • Source: Internet
    • Author: User
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    According to the Vietnam Fisheries Processing and Export Association, in November this year, Vietnam's fish exports amounted to US$2.
    3 billion, an increase of 77% year-on-year, of which exports to Europe, China and the United States have maintained a growth momentum
    .
     
    Recently, Vietnam's exports to the European market reached 190 million US dollars, an increase of 103%.

    The strong recovery of the European market has made Vietnamese fish share in this market 7-8%
    of Vietnam's total fish exports.
    Vietnam's key markets in the EU are the Netherlands, Germany and Belgium, with exports increasing by 72%, 182% and 94%
    respectively.
     
    Vietnam's key market in Europe is the United Kingdom, and although the country's fish imports still reached US$60 million, an increase of 32%, the proportion decreased
    month-on-month.
     
    The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) market accounted for 13% of Vietnam's total fish exports, with an export value of US$310 million, an increase of 74%
    year-on-year.
    Mexico and Canada are the two largest importers of Vietnamese fish, with imports of US$101 million and US$55 million
    respectively in the previous 11 months.
    Vietnam's fish imports in the two markets increased by 67% and 88%
    respectively year-on-year.
     
    The United States is the second largest export market for Vietnamese fish cha, and Vietnam's fish exports to the US market each reached more than
    540 million US dollars.
     
    According to USDA statistics, in the first 11 months, the country imported 127,000 tons of frozen fish fillets from Vietnam, with an import value of more than US$540 million, with imports and imports increasing by 24% and 91%
    year-on-year, respectively.
    Despite the slow growth of fish exports, it is predicted that the value of fish exports will reach US$2.
    4 billion
    in 2022.
    (End)
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