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Vietnam’s marine product exports up 18% in 2012

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(Posted time: Wednesday, March 13, 2013)

( In 2012, export value of marine products from Vietnam recorded US$2.15 billion, up 18 percent on that of 2011, accounting for 35 percent of total seafood export.

In the fourth quarter of 2012, exports of marine products totaled US$557 million, up 5.7 percent over the same period of 2011, accounting for 34 percent of total seafood exports from Vietnam.

In Q.IV/2012, among marine export items, tuna and other marine finfish continued to get the highest growth of 40.7 percent and 23.6 percent over the corresponding time in 2011.
Compared to the same period of 2011, cephalopod products got the deepest fall of 20 percent in export value in QIV/2012; crab, swimming crab and crustaceans down by 10.4 percent; bivalve mollusk down by 8.2 percent; fish paste and squirmy down by 3.8 percent. Steady growth was only seen in tuna and other marine fish branches this year.
Only tuna and other marine fish species kept steady growth in export value since the start of the year, earnings from export of other marine product items was on uncertain trend, mainly due to quiet demand in many consumer markets.
Vietnam’s catch production in 2012 reached 2.67 million MT, showing a rise of 21.4 percent on that reported in 2011. In which, marine catch was 2.48 million MT, up 9.7 percent.

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