Vietnamese Seafood Exports Reach $2.45bn

Vietnam’s seafood export market rose 11.6% to $2.45bn compared with the same period last year, according to the government.

The export value of the market in July was $430m, according the Ministry of Agriculture and Rural Development (MARD).

During the period shrimp exports rose 22% to $717m while tra and basa fish exports were valued at $650m with a growth rate of 8.23%, the MARD said.

The European Union has become the country’s biggest export market for seafood ($512m), followed by Japan ($371.6m).

During the seven-month period, Vietnam exported about 20,000t of tra and basa to Russia, a growth of over 2,000t year-on-year, it said.