Estimated import value of seafood products in April 2021 was 180 million USD, bringing the total value of imported seafood in the first 4 months of 2021 to 679 million USD, up 22.1% over the same period in 2020.
The source of seafood imports in the first 3 months of 2021 was mainly from India (accounting for 15%), Norway (11.3%) and China (9.2%). Compared to the same period in 2020, the value of Vietnam’s seafood imports in the first three months of 2021 from these markets all increased, the increases were 24.2%, 28% and 56.4%, respectively.
According to the Department of Agricultural Product Processing and Market Development (Ministry of Agriculture and Rural Development), currently the competitors to Vietnam’s shrimp, India and Thailand, are being adversely affected by the Covid-19 pandemic, which affects the supply and export capacity of these countries. In the coming time, Vietnam’s shrimp export opportunities will increase sharply if Vietnam continues to control the Covid-19 pandemic well. For Tra fish, the supply is gradually stabilizing, creating many advantages for Tra fish exports to accelerate in the second and third quarters of 2021.
According to the Department of Agricultural Product Processing and Market Development, in the coming time, Vietnam needs to continue to promote tuna exports to the EU because this is a market with high demand and many advantages from the European Union - Vietnam Free Trade Agreement between the two countries (EVFTA).