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Seafood exports surpass US$1.6 billion in first half

VIET NAM - Viet Nams seafood sector recorded export revenues of US$1.648 billion in the first six month of the year, a year-on-year increase of 17 percent.

According to the Ministry of Fisheries, the figure represents the sector’s 46 percent of yearly target.

The European Union market topped the list of Vietnamese seafood importers with 24.4 percent of market share, followed by the US, 18.3 percent.

The Japanese market fell to the third place from its first position, registering 17 percent of market share.

Other importers include the Republic of Korea, 7.4 percent, Russia, 5.2 percent, China, 5.1 percent, ASEAN, 5.8 percent and other countries, 16.7 percent.

Source: Vietnam Economic Times