Aquatic exports up 1.3 percent in 8 months

September 04, 2013 | 09:51

(0) user say

The export value of aquatic products is estimated at 591 million USD for August, bringing the total turnover in the first eight months of this year to 4 billion USD, a year-on-year increase of 1.3 percent.

According to statistics by the Ministry of Agriculture and Rural Development, the US remains the largest importer of Vietnam’s aquatic products, accounting for 20.9 percent of the total turnover. It bought 712.31 million USD worth of products in the January-July period, up 6.1 percent from the same period last year.

Exports to China, Thailand and Canada also enjoyed remarkable increases in value of 52.7 percent, 9.6 percent and 6.8 percent, respectively, over the same period of 2012.

However, decline was seen in exports to the Republic of Korea (19.1 percent), Spain (11.5 percent) and Japan (1 percent).

Vietnam spent 415 million USD on importing aquatic products in the first eight months, down 7.2 percent year-on-year.

India and China’s Taiwan are the two largest suppliers of aquatic products to Vietnam, accounting for 14.2 percent and 11.4 percent of its total import turnover, respectively.

VNA

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional