HA NOI (VNS)— The export value of seafood in the last quarter of this year is expected to increase 6.5 per cent to US$1.7 billion, bringing the annual total to $6.5 billion.
The Viet Nam Association of Seafood Exporters and Producers (VASEP) said the surge would be mainly due to increasing shrimp exports, while exports of tra fish would likely struggle to recover and exports of tuna and other kinds of seafood would be lower than last year.
Mollusc exports, including cuttlefish and octopus, would continue to decline, it added.
In the first three quarters of this year, seafood export value saw a year-on-year rise of 6.4 per cent to $4.8 billion. The total grew by $1.9 billion in the third quarter, 17.4 per cent higher than last year. — VNS