Vietnam's H1 seafood exports hit 4.4 billion USD

Vietnam earned 4.4 billion USD from exporting aquatic products in the first half of this year, up nearly 7% year-on-year, the Vietnam Association of Seafood Exporters and Producers (VASEP) has reported.

According to the association, the June export turnover topped 875 million USD, up 14% and the highest monthly figure so far this year.

During the reviewed period, shrimp exports fetched more than 1.6 billion USD, with 1.2 billion coming from the shipments of the white-legged. Meanwhile, lobster exports reached 130 million USD or 57 times the figure in the same period last year, with China being the largest importer.

Tra fish (pangasius) brought home 922 million USD in Jan-June, up nearly 6% year-on-year.

Vietnam's two largest seafood export markets, the US and China, recorded high growth rates in June with 14% and 18%, respectively.

VASEP said the country's seafood exports in the second half of 2024 is expected to increase by 15% to over 5.5 billion USD, bringing the yearly figure to nearly 10 billion USD, up 12% from 2023.