Fisheries exports in the first four months of this year fell 10 percent year-on-year to 2.18 billion USD, according to the Department of Farm Produce Processing and Market Development at the Ministry of Agriculture and Rural Development.
Hanoi (VNA) - Fisher🌃ies exports in the first four months of this year fell 10percent year-on-year to 2.18 billion USD, according to the Department of FarmProduꦚce Processing and Market Development at the Ministry of Agriculture andRural Development.
Both trafish and shrimp - Vietnam’s two main fisheries products - posted strong declines,of nearly 32 percent to 420 million USD and 12 percent to 748 million USD,respectively.
Japan, theUS, the EU, and China were the leading markets, making up almost 58 percent oftotal export value.
Exports toJapan and the US saw slight growth in the first quarter but those to the EU andChina fell sharply, by over 28 percent and 27.5 percent, respectively.
Accordingto the General Department of Vietnam Customs, fisheries exports in 2019 reachedover 8.54 billion USD, down 2.9 percent against 2018./.
Aquaculture Vietnam 2019, an international exhibition and conference on Vietnam’s aquaculture sector, is being held in the Mekong Delta city of Can Tho from August 16-18.
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In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
A fish processing factory (Photo: VNA)
