Aquatic exports forecast to hit US$10 billion in 2024
VGP - The aquatic sector is likely to fulfill the preset goal of US$10 billion in export turnover in 2024, a year-on-year increase of 11.5 percent, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP).
As of late November, total export turnover reached nearly US$9.2 billion, an increase of 11.5 percent from the same period last year.
Remarkably, overseas shipment of shrimps was the most impressive, surging 22 percent in November and was expected to exceed US$4 billion by the year-end.
Export turnover of Tra fish valued US$1.84 billion in January-November period and was forecast to reach US$2 billion by late 2024.
The country's total fishery output in 2023 was estimated to top 9.2 million tons, up 2 percent compared to 2022.
As of November 15, aquatic sector ranked eight out of the biggest hard currency earners in Viet Nam after computers and spare parts, mobile and accessories, machines and spare parts, garments and textiles, footwear, furniture and products, reported General Department of Taxation./.