Vietnam expects to earn 1.7 billion USD from exporting aquatic products in the fourth quarter of this year, up 6.5 percent year-on-year.
The figure will help raise the year’s total to over 6.5 billion USD, an increase of 5 percent against last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
In the first nine months of 2013, Vietnam shipped its aquatic products to 156 markets throughout the world, fetching 4.8 billion USD, or a year-on-year rise of 6.4 percent.
Among the aquatic products, shrimp accounted for 43 percent of the country’s total export value. Since March, the product has enjoyed a two-digit monthly export growth, ranging from 20 percent to 66 percent.
In the January-September period, shrimp export turnover exceeded 2 billion USD, up 27 percent compared to the same period last year.
Meanwhile, the tra fish sector has seen slow recovery, and even some drops, in recent months. Its exports in the first three quarters reached nearly 1.3 billion USD, down 1.4 percent year-on-year.
The export of tuna and sea fish has also come to a standstill due to the EU and Japanese markets’ falling demands and higher standards. Tuna exports in the first nine months fetched only 415 million USD, a decline of 4.5 percent over the same period last year.
Cuttle and octopus saw continuous decreases in the Jan-Sept period, earning 309.5 million USD, down 17.2 percent.