Vietnam’s seafood exports in 2021 reached over 8.9 billion USD
MEKSEA.COM – Despite being affected by the Covid-19 epidemic in the third quarter, Vietnam’s seafood exports have gradually resumed in the last months of 2021 to bring the full-year more than expected with $8.9 billion, up 6% compared to 2020.
According to Customs, Vietnam’s seafood exports increased by 23%. It continued to increase in December, increasing by 29% to over 940 million USD. Especially, all key products exports increased sharply by 6-110%.
Thanks to a breakthrough in December, the growth rate is about 80% equivalent to 245 million USD. Pangasius exports for the whole year in 2021 exceeded the expectation by over 1.6 billion USD, up 10%.
In December, shrimp exports increased by 10%, equivalent to 325 million USD. By the end of the year, shrimp exports reached 3.88 billion USD, up 4%. Tuna exports increased 55% to $85.5 million. Bringing the full-year result to $757 million. Export of squid and octopus reached over 60 million USD, up 10%. As a result, the whole year’s export reached over 600 million USD.
Vietnam’s seafood export more and more increase in December 2021. (photo: internet)
Read more: Vietnam’s seafood exports recover strongly at the end of the year
Vietnam’s frozen seafood to China in 2021 will reach 1.17 billion USD. In which, seafood exports to China in December increased sharply, increasing by over 90%, reaching 170 million USD. Currently, this country accounts for 13% of Vietnam’s seafood exports.
The US still accounts for the highest proportion, 23% of Vietnam’s seafood exports with over 2 billion USD in 2021, an increase of 26% compared to 2020. In December 2021, seafood exports to the US reached 176 million USD, up 32% over the same period in 2020.
In 2021, Vietnam’s seafood to the EU market accounts for 12% with over 1 billion USD, up 12% compared to 2020. Last month, seafood exports to the EU also increased sharply by 26% to reach 109 million USD.
Moreover, in this year seafood exports to CPTPP countries will earn nearly 2.2 billion USD, almost equivalent to 2020. In December, exports to this market block reached 209 million USD.
According to seafood experts, shrimp products will still be the “trump card” of Vietnam’s seafood exports shortly.
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By Hayati (Meksea Team)
(hayati@mekseaconnection.com)
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