Aquatic exports rise by 10 percent in five months

Hanoi (VNA) – Vietnam recorded a year-on-year rise of 9.7 percent in aquatic exports to 3.12 billion USD in the first five months of 2018, according to the Ministry of Agriculture and Rural Development (MARD).

Processing tra fish for export (Photo: VNA)

Fishery exports in May alone were estimated at 671 million USD.

The US, Japan, China and the Republic of Korea were the four biggest importers of Vietnamese aquatic products between January and April, making up 52.7 percent of total fishery exports in the period.

Meanwhile, markets with strong growth in aquatic imports from Vietnam were the Netherlands (60.2 percent), China (28.8 percent), the UK (27.4 percent) and Germany (27 percent).

Also in May, the country imported about 165 million USD worth of fishery products, raising the five-month aquatic import value to 698 million USD, up 33.5 percent from a year earlier.

The MARD added in the first five months, while total export value of agro-forestry-fishery products reached 15.6 billion USD, about 12.29 billion USD was spent on importing these products, respectively up 9.9 percent and 10.6 percent from the same period last year.