Vietnam sells more seafood to US

Ulhas Joglekar uvj at vsnl.com
Sun Jan 27 16:42:42 PST 2002


Radio Australia News

Vietnam sells more seafood to US The United States is reported to have overtaken Japan as the top market for Vietnamese seafood.

Vietnam's Thanh Nien newspaper says last year the US accounted for 28 percent of the country's seafood exports, totalling 500 million dollars.

Japan's quota fell to just over 26 percent, from a high of 42 percent in 1998.

Vietnamese seafood exports, worth 1.8 billion dollars, were last year's third largest foreign exchange earner, after crude oil, and textiles and garments.

A rapid increase in exports of low-cost Vietnamese catfish to the US prompted American producers to seek a recent law prohibiting the use of the name 'catfish' for fish from outside the US.

ABC Radio Australia News

© ABC 2001



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