• An Giang
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  • Dien Bien
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  • Dak Nong
  • Dong Nai
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  • Ha Nam
  • Ha Tinh
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  • Long An
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  • Lam Dong
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  • Nam Dinh
  • Nghe An
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  • Ninh Thuan
  • Phu Tho
  • Phu Yen
  • Quang Binh
  • Quang Nam
  • Quang Ngai
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  • Quang Tri
  • Soc Trang
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  • Thanh Hoa
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  • Tay Ninh
  • Vinh Long
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  • Vung Tau
  • Yen Bai

Aquatic export may touch nearly US$ 7 bln in 2014

VGP – Viet Nam is expected to earn US$ 6.9 billion from shipping aquatic products abroad, representing a 13% increase against 2012, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).

January 22, 2014 11:11 AM GMT+7

Illustration photo

Shrimp export is projected at US$ 3 billion, catfish US$ 1.6 billion, and seafood US$ 2.2 billion.

The VASEP oversees that shrimp would continue to be the advantageous commodity especially litopenaeus vannamei following the positive outcomes recorded last year.

Catfish export would decline to around 800,000-850,000 tons in output and US$ 1.6 billion in revenue or a year-on-year decrease of 5%.

Meanwhile, shipment of tuna, octopus and other types of seafood would recover slightly and earn around US$ 2.2 billion in revenue.  

However, Viet Nam’s aquatic export would encounter numerous challenges excluding shrimp as its key export markets have yet escaped from recession and the sector is suffering from the lack of raw materials.

The VASEP has crafted measures to extricate difficulties for advantageous products such as a national program to improve the quality of catfish fillet and tighten the control of shrimp breeding and processing./.

By Kim Loan