South Korea

(seafood. vasep.com.vn) According to customs statistics, in November 2021, Vietnam's seafood exports reached over US$910 million, up 23% over the same period last year. Accumulated to the end of November, seafood exports reached about 8 billion USD, up 4% over the same period in 2020.

(seafood.vasep.com.vn) By the end of April 2021, Korea is the 5th largest seafood import market of Vietnam, with seafood import turnover from Vietnam reaching more than 227 million USD. In which, the export of marine products to this market accounted for 56%, reaching nearly 127 million USD, up 9% over the same period in 2020. In general, exports of commodity groups to Korea increased over the same period last 2020 (except for crabs and other crustaceans).

(seafood. vasep.com.vn) Thanks to the growth of nearly 17% in March with over 735 million USD, the seafood export turnover of the whole country in the first quarter of 2021 reached 1.7 billion USD, up nearly 7% over the same period. period last year. It is forecasted that seafood export in the second quarter will continue to grow 10% to about 2.1 billion USD.

(seafood.vasep.com.vn) As of March 15, 2021, the total value of shrimp exports to the South Korean market reached 53.6 million USD, accounting for 10.8% of the total shrimp export value, down by nearly 5% over the same period last year. By 2020, whiteleg shrimp products account for nearly 85% of the total shrimp export value to the South Korean market.

(seafood.vasep.com.vn) After increasing in January, Vietnam's cephalopod exports to South Korea in February 2021 decreased by 21% compared to the same period in 2020. In the first two months of 2021, Vietnam's cephalopod exports were 3% lower than the same period in 2020, reaching 27 million USD.