Vietnam’s seafood exports to the US market reached 149 million USD in April 2021, a year-on-year rise of 64%, bringing the figure of the first four months of the year to 483 million USD, up 28%, reported the Vietnam Association of Seafood Exporters and Producers.
In April, exports of major seafood commodities to the US saw growth, with tra fish recording the biggest growth of 136% at 30.4 million USD, followed by shrimp up 47% (equivalent to 63.5 million USD), tuna up 56% (31 million USD), and squid and octopus up 83%.
In the first 4 months of 2021, shrimp exports to the US reached 198 million USD, up nearly 25%; tra fish, USD 102 million, up 37%; and tuna, 94.5 million USD, up 15%.
The United States topped the biggest markets importing Vietnam’s shrimp, tra fish, tuna, and crab. In the 4 months, about 220 Vietnamese enterprises exported seafood to the market, of which 6 have earned 1 million USD or more from export sales.
The Ministry of Agriculture and Rural Development forecast that seafood exports to the US will continue to increase in May and June after the market reopened on May 20. This offers opportunities for Vietnam’s seafood exports to the US market to break through in the following months.
However, the ministry notes that the US is also a market with very strict quality requirements, so businesses must ensure product quality and comply with standards from the US in order to create a sustainable market for Vietnamese seafood./.
BTA