Aquatic exports expected to reach 10 billion USD in 2023

(VOVWORLD) - With recent rosy signs, Vietnam’s aquatic product exports are expected to hit 10 billion USD this year. 
Major markets like the US, Japan and the South Korea are recovering, particularly for tra fish (pangasius) exports, according to Deputy Minister of Agriculture and Rural Development Phung Duc Tien.
The Vietnam Association of Seafood Exporters and Producers (VASEP) said tra fish exports in September recorded growth for the first time since the beginning of this year, at 1% year-on-year compared with sharp decreases previously.
Apart from the EU with double-digit growth in the month, Japan, Mexico and New Zealand’s imports of Vietnam’s tra fish also rose between 10% and 70%.
Drops in shrimp exports have been curbed, with revenue standing at 2.5 billion USD between January and September, down 26% year-on-year. The US remained Vietnam’s biggest shrimp importer, followed by China.
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