According to the ministry the seafood exports could reach 100,000 tones worth more than US$ 400 million in August. It is told that the development is very rapid and spontaneous. Shrimp exports have risen especially sharply in the second half of the year after an earlier decline caused by the global economic crisis.
Vietnam has exported 19,000 tonnes worth $148 million in June alone, up 13.5 percent year-on-year in terms of volume and 3.9 percent in value. The Viet Nam Association for Seafood Exporters and Processors (VASEP) informed that tra and basa catfish exports have also resumed to many markets.
VASEP explained that in July, 75,000 tonnes were shipped, the highest monthly export quantity this year. Exports are expected to top $640 million during the rest of the year, taking total catfish exports to $1.25 billion. In near future it were expected to be even better due to the increasing demand for seafood in key export markets.
Japan recently increased shrimp and squid imports due to soaring demand. Japanese importers buy shrimp mostly from Indonesia and Viet Nam because of their low prices.In the US, demand for clams, tuna and tilapia is rising. The Ministry of Industry and Trade is urging exporters to stockpile clams and tuna for export to the US and shrimp and squid for shipping to Japan and the EU.
