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Seafood exports reach 2 billion USD

by VTV403 May 2016 Last updated at 11:18 AM

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VTV.vn - The value of Vietnam’s seafood exports in the first 4 months of the year reached 1.97 billion USD - a 6.2% increase over the same period of the last year, according to the Ministry of Agriculture and Rural Development.

The United States, Japan, China and South Korea were Vietnam’s top importers of seafood. Seafood export value increased strongly in the US, China, ASEAN and particularly in Brazil, which registered a 500-fold increase. According to the Vietnam Association of Seafood Exporters and Producers despite the positive development in the first months of the year, Vietnam’s seafood export sector faces many challenges in major markets, including competition in terms of prices and existing trade barriers.