Brazil increases seafood imports from Vietnam

Brazil also increased seafood imports from Vietnam with an increase of 53.8% in volume and 38.6% in value compared to 2023, reaching 50.5 thousand tons, worth 136.6 million USD.

The Agriculture, Forestry and Fisheries Newsletter of the Import-Export Department ( Ministry of Industry and Trade ) cited data from the World Trade Center (ITC) saying that in 2024, Brazil will import 291,600 tons of seafood, worth 1.57 billion USD, an increase of 8.1% in volume and 10.4% in value compared to 2023.

In 2024, Brazil will increase seafood imports from many markets such as Chile, China, Argentina, Ecuador, the United States, etc. Brazil will also increase seafood imports from Vietnam with a sharp increase of 53.8% in volume and 38.6% in value compared to 2023, reaching 50.5 thousand tons, worth 136.6 million USD.

In 2024, Vietnam will be the second largest supplier to the Brazilian market,

In 2024, Vietnam will be the second largest supplier to the Brazilian market, accounting for 17.33% in volume and 8.69% in value of Brazil's total seafood imports. The demand for seafood in the Brazilian market is still on the rise, so Vietnamese seafood will have the opportunity to increase exports to this market.

According to statistics from the Customs Department ( Ministry of Finance ), in February 2025, Vietnam's seafood exports reached 655.02 million USD, an increase of 44.5% compared to February 2024. In the first two months of 2025, Vietnam's seafood exports reached 1.42 billion USD, an increase of 19% compared to the first two months of 2024.

Of which, China, Japan, and the United States are the three largest seafood export markets of Vietnam, accounting for 52.33% of the total seafood export turnover in the first two months of 2025. Seafood exports to these three markets all increased compared to the same period in 2024.

Seafood exports to the next major markets also achieved growth compared to the same period in 2024 such as: Korea, Australia, Thailand, UK, Canada, Germany, Russia, Brazil... In the coming time, Vietnam's seafood exports are forecast to continue to grow thanks to the increasing demand for seafood in many markets.

Source: https://congthuong.vn/brazil-tang-nhap-khau-thuy-san-tu-viet-nam-378532-378532.html