Vietnam’s seafood sells well in Mexico

In the first six months of this year, Vietnam’s seafood exported to Mexico has shown an increase of 37.7 percent in volume and 27.5 percent in value.

The Vietnam Association of Seafood Exporters and Processors (VASEP) reported that, in the first six months of this year, Vietnam’s seafood exported to Mexico has shown an increase of 37.7 percent in volume and 27.5 percent in value compared to the same period of last year.

Mexico is the second largest economy in Latin America and considered a large potential market for Vietnamese tra and basa products.

In the first six months of this year, Mexico imported 17,000 tonnes of tra fish worth US$37.33 million and became Vietnam’s fifth largest importer of this item after the US, Spain, Germany and the Netherlands.

According to Vietnamese exporters, this market is now interested in other products in addition to traditional frozen fillets.

Many Vietnamese enterprises have a firm foothold in Mexico, including Hung Vuong Corp, Bianfishco, Thimaco, CL-Fish, Navico, Thufico, Bien Dong Seafood and Ocean Food Corp.

Meanwhile, shrimp exports to the North American country only make up a small share of 45 tonnes worth US$402.000 due to strict regulations.

Tags: Vietnam Seafood, Vietnam seafood exports