Opportunity to boost seafood exports to Japan

April 04, 2011 | 14:09

(0) user say

The sharply increasing demand for clean food, including seafood, in Japan is considered a good chance for Vietnamese businesses to increase exports to this market.

illustration photo

General secretary of the Ca Mau Association of Seafood Processors and Exporters Ly Van Thuan said contrary to a forecast that seafood exports to the Japanese market will face difficulties due to earthquake and tsunami impacts, the number of orders to export seafood to Japan have skyrocketed in recent days, especially frozen shrimp and fillet tra fish products.

To ensure timely supply for the Japanese market, businesses in Ca Mau are speeding up the processing of export seafood products, he added.

According to the Ministry of Agriculture and Rural Development, together with the EU and the US, Japan is a key consumer of Vietnamese seafood with an import value of $898 million in 2010, up nearly 19 per cent over the previous year.

Vietnam is also Japan’s leading frozen shrimp supplier, accounting for 21 per cent of its market share.

In the first two months of this year, Vietnam’s seafood export turnover to Japan reached $106 million, representing a year-on-year increase of 21 per cent.

VIR/VNA

What the stars mean:

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