Vietnam’s fishery exports increased by 34.81 percent in March compared to February, reaching US$883.03 million, according to data from Vietnam’s General Department of Customs.
Total year-to-date exports amounted to US$2.31 billion, driven by strong demand from major markets. Exports to the USA rose by 42.59 percent, while shipments to Japan and South Korea were up 33.78 percent and 37.89 percent, respectively. China remained Vietnam’s top destination, accounting for over 20 percent of the total.
Significant month-on-month increases were also recorded in Germany, Brazil, and Belgium. Italy more than tripled its imports, and exports to Spain, the UAE, and Portugal also posted sharp gains. However, exports to Malaysia and Cambodia declined, while shipments to Ukraine and Pakistan also fell.
See also: Seafood Processing in Vietnam
Vietnam fishery exports, March, US$ millions
March | February | MoM | YTD | % of YTD | |
Total | 883.03 | 655.02 | 34.81% | 2,311.26 | 100.00% |
Other | 24.60 | 15.23 | 61.57% | 59.34 | 2.57% |
USA | 155.40 | 108.98 | 42.59% | 371.04 | 16.05% |
China | 154.99 | 129.09 | 20.07% | 464.38 | 20.09% |
Japan | 136.54 | 102.07 | 33.78% | 358.92 | 15.53% |
South Korea | 68.55 | 49.71 | 37.89% | 179.80 | 7.78% |
Canada | 25.25 | 19.63 | 28.62% | 61.86 | 2.68% |
Thailand | 25.25 | 18.09 | 39.56% | 69.82 | 3.02% |
Australia | 24.76 | 20.22 | 22.46% | 71.70 | 3.10% |
UK | 22.76 | 18.46 | 23.27% | 64.27 | 2.78% |
Brazil | 20.16 | 14.02 | 43.77% | 46.72 | 2.02% |
Germany | 19.60 | 12.88 | 52.24% | 49.05 | 2.12% |
Netherlands | 19.22 | 12.91 | 48.87% | 45.33 | 1.96% |
Russia | 19.07 | 14.64 | 30.28% | 48.21 | 2.09% |
Belgium | 14.33 | 7.37 | 94.42% | 32.20 | 1.39% |
Taiwan | 13.31 | 12.55 | 6.03% | 33.85 | 1.46% |
Hong Kong | 11.44 | 10.28 | 11.28% | 35.12 | 1.52% |
Italy | 10.51 | 3.32 | 216.88% | 23.46 | 1.02% |
Philippines | 10.10 | 5.91 | 70.78% | 23.15 | 1.00% |
Malaysia | 9.99 | 11.22 | -10.91% | 28.10 | 1.22% |
Mexico | 8.36 | 5.69 | 47.03% | 22.89 | 0.99% |
Singapore | 8.03 | 5.94 | 35.12% | 21.09 | 0.91% |
Saudi Arabia | 7.42 | 5.03 | 47.53% | 19.38 | 0.84% |
Spain | 7.32 | 4.24 | 72.76% | 16.53 | 0.72% |
Portugal | 5.09 | 2.91 | 74.58% | 10.23 | 0.44% |
UAE | 4.70 | 2.60 | 80.81% | 10.20 | 0.44% |
France | 4.63 | 3.88 | 19.22% | 12.37 | 0.54% |
Lithuania | 4.47 | 3.57 | 25.12% | 10.75 | 0.47% |
Israel | 4.44 | 3.73 | 19.05% | 12.05 | 0.52% |
Colombia | 4.03 | 2.64 | 53.03% | 10.03 | 0.43% |
Denmark | 3.88 | 2.49 | 55.85% | 9.12 | 0.39% |
Switzerland | 3.85 | 1.82 | 111.75% | 7.92 | 0.34% |
Egypt | 3.39 | 2.26 | 50.04% | 8.95 | 0.39% |
Sweden | 3.14 | 2.60 | 20.58% | 7.99 | 0.35% |
Cambodia | 2.94 | 3.06 | -4.02% | 9.13 | 0.40% |
Iraq | 2.82 | 1.86 | 51.64% | 6.58 | 0.28% |
Romania | 2.33 | 2.37 | -1.70% | 6.27 | 0.27% |
India | 2.06 | 1.43 | 44.26% | 5.42 | 0.23% |
New Zealand | 1.78 | 0.97 | 83.54% | 4.28 | 0.19% |
Poland | 1.69 | 1.62 | 4.47% | 5.45 | 0.24% |
Chile | 1.68 | 0.78 | 115.92% | 3.99 | 0.17% |
Peru | 1.67 | 0.55 | 205.04% | 2.83 | 0.12% |
Norway | 1.24 | 0.28 | 343.69% | 2.37 | 0.10% |
Ukraine | 1.16 | 1.70 | -31.65% | 3.46 | 0.15% |
Greece | 1.02 | 0.31 | 227.40% | 2.04 | 0.09% |
Indonesia | 0.86 | 0.94 | -7.93% | 2.83 | 0.12% |
Cyprus | 0.80 | 0.53 | 50.46% | 2.19 | 0.09% |
Pakistan | 0.55 | 0.67 | -17.87% | 2.92 | 0.13% |
Panama | 0.55 | 0.46 | 19.10% | 1.31 | 0.06% |
Kuwait | 0.44 | 0.24 | 85.83% | 1.04 | 0.05% |
Angola | 0.19 | 0.04 | 330.75% | 0.30 | 0.01% |
Belarus | 0.17 | 0.07 | 128.45% | 0.39 | 0.02% |
Turkey | 0.16 | 0.26 | -37.06% | 0.74 | 0.03% |
Brunei Darussalam | 0.14 | 0.16 | -9.06% | 0.46 | 0.02% |
Algeria | 0.10 | 0.43 | -77.40% | 0.80 | 0.03% |
Sri Lanka | 0.05 | 0.07 | -34.44% | 0.12 | 0.00% |
Czech Republic | 0.03 | 0.14 | -78.26% | 0.27 | 0.01% |
Senegal | 0.00 | 0.09 | -100.00% | 0.24 | 0.01% |
See also: How to Start an Export Business in Vietnam.