LOGO

23 new Vietnamese aquatic product export companies approved to export to China

1675650197396018.jpg

According to the Ministry of Agriculture and Rural Development of Vietnam (MARD), 23 new aquatic product export enterprises in Vietnam have been approved by the General Administration of Customs of China (GACC) to export to the country's market. According to this, there are currently more than 800 Vietnamese aquatic product export enterprises that meet the conditions for exporting to China.

 

At present, China is the main export market of Vietnamese aquatic products. According to the Vietnam Fisheries Processing and Export Association, Vietnamese pangasius exported to China accounts for 30% of Vietnam's total pangasius exports. In addition, China is also one of Vietnam's top five shrimp import markets. After China opens its borders, Vietnam's aquatic product export orders will rise sharply after being strictly controlled for a long time.

 

Over the years, China has become one of the most important and "billion dollar" markets for Vietnamese aquatic products. As of the end of October 2022, Vietnam's exports of aquatic products to China will reach US$1.3 billion, a year-on-year increase of 82%, setting a new record again. However, in January 2023, Vietnam's aquatic product exports fell by 31% year-on-year, of which exports to the Chinese market fell by 55%. However, enterprises still believe that the export of aquatic products will gradually resume its growth momentum from the second quarter of 2023.


Need help or have a question?

Send mail