February seafood exports up 57 percent
According to Vietnam Customs, seafood exports in February 2014 reached USD 458 million, up nearly 57% year on year. Through February 2014, Vietnam exported USD 497 million of shrimp products, up 105% year on year. Pangasius saw a strong recovery in February, increasing the year-to-date exports by 8.5% year on year to USD 275 million. In Quarter I of 2014, land for pangasius production in Mekong Delta is expected to be 5,400 hectares, providing total output of 382,000 MT.
The March seafood exports are expected to keep steady growth, as sales of whiteleg shrimp and pangasius are recovering.
Michael Boddington from Asian Agribusiness Consulting (AAC) has been involved in agribusiness in Asia since 2000. AAC has office both in Vietnam Ho Chi Minh City and China Beijing. So AAC has a thorough understanding of the Viet Nam and China aqua industry and produces up-to-date research reports on the market. We can offer insights on supply and demand trends and comments on the future structure of Asian agribusiness. If you would like to know more please email This email address is being protected from spambots. You need JavaScript enabled to view it.This email address is being protected from spambots. You need JavaScript enabled to view it.
http://www.seafood.vasep.com.vn/Daily-News/378_9312/February-seafood-exports-up-57-percent.htm