Vietnam’s tra fish exports to ASEAN up 18%

VNA

Hanoi – Vietnam earned USD 55.17 million from tra fish exports to the ASEAN as of the late March, up 18% year-on-year, according to the Vietnam Association of Seafood Exporters and Processors.

Notably, its exports to Malaysia surged by 70.9%, reaching USD 5.51 million in March, up 119% annually.

Apart from Malaysia, Vietnam’s tra fish exports to Thailand and the Philippines also grew by 6.5% and 40.6%, respectively, in the period under review.

The growth proves that regional trade agreements, including the ASEAN Trade in Goods Agreement, began to yield fruits.

In 2018, tra fish exports brought in a record of USD 2.26 billion, rising 26.4% year-on-year. Vietnam has targeted a revenue of USD 2.4 billion for this year.