Vietnamese seafood exports grow steadily
Viet Nam reaped more than US$1 billion from seafood exports in the first four months of this year, a year-on-year rise of 8.4 per cent, Deputy Minister of the Agricultural and Rural Development Ministry Luong Le Phuong said.
In April alone, the country earned $300 million in overseas sales.
The total seafood volume from January to April reached 1.19 million tonnes, an increase of 7.4 per cent on the same period last year.
Phuong said that seafood exportation in April was maintaining stable growth thanks to the devaluation of the US dollar, which stimulated seafood imports by many European countries.
Tra (catfish) had done particularly well with a yearly growth of 42 per cent, and product turnover accounted for 33 per cent of the country's total seafood export value, he said.
In terms of import market structure, there was a remarkable decline in US demand despite the Japanese market's recovery and the European market's rapid growth, he said.
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