Opportunity for seafood exporters tải bet88 restructure markets

The United States' temporary 90-day suspension of new reciprocal tariffs has created an opportunity for Vietnam's seafood exporters tải bet88 restructure their market strategies, as the future of exports tải bet88 the US remains uncertain, according tải bet88 the Vietnam Association of Seafood Exporters and Producers (VASEP).

In the first quarter of 2025, Vietnam's seafood export turnover reached .45 billion, marking a 26% increase compared tải bet88 the same period last year. Of this, exports tải bet88 the US exceeded 0 million.

With annual seafood export value tải bet88 the US estimated at around billion, accounting for one-fifth of Vietnam's total seafood export value, the US is the largest market for Vietnamese seafood export.

The US is the top import market for Vietnamese shrimp and tuna and ranks as the second largest for pangasius (tra fish).

VASEP reported that over 400 Vietnamese enterprises are currently exporting or preparing tải bet88 export seafood tải bet88 the US market, including large, high-value orders. At present, approximately 37,500 tons of seafood products are in transit tải bet88 the US, and about 31,500 tons are slated for export in the latter half of April.

"The 90-day suspension of the new tariffs provides an opportunity tải bet88 expedite the export of orders, avoiding the risk of prolonged inventory build-up. The seafood industry is hopeful about the outcomes of negotiations between Vietnam and the US, aiming for a reduction of reciprocal tariff rates or their complete elimination, bringing them down tải bet88 0%. This can be considered a 'golden time' for the seafood industry tải bet88 restructure its market strategy," remarked Ms. Le Hang, a market analyst at VASEP.

"This period also presents a chance for businesses tải bet88 adjust their strategies, explore alternative markets and partners, and build a resilient system capable of weathering future challenges," she added.