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EVFTA

(seafood.vasep.com.vn) Vietnam's seafood exports from 2018 to now have been affected by factors such as falling demand and import prices in some key markets, technical barriers and taxes. especially the Covid epidemic, which disrupted the supply and consumption chains in the past 2 years. However, in that context, Vietnam's seafood exports did not plunge too deeply because the pedestal was FTA agreements from 2018 up to now, including the CPTPP and EVFTA agreements.

(seafood.vasep.com.vn) In February 2021, due to the Lunar New Year holiday, the total seafood export of the whole country decreased by over 17% compared to the same period last year, reaching over 410 million USD. However, in fact, exports tend to be recovering because the value of exports to many markets has increased sharply and many export companies have significantly higher sales compared to the same period last year.

(seafood.vasep.com.vn) The Free Trade Agreement between the European Union and Vietnam (EVFTA) was a lever for tuna exports to the EU market in the fourth quarter of 2020. The value of Vietnam's tuna exports to this market increased continuously in the fourth quarter, reaching nearly 38 million USD, up 20% over the same period in 2019. As a result, the total value of exports to the EU in the whole year 2020 went up to 136 million USD, up by 2.4% compared to 2019.