Search Result for : Fish Exports

The Dollar Business Bureau The EU was the largest destination of exports for Philippines in March this year. The latest statistics by Philippine Statistics Authority (PSA) revealed that exports to European Union member countries, with 16.2% share to total merchandise exports amounted to $901.24 million.  It rose by 56.2% from $577.04 million recorded in March 2016. What was even more interesting was that the export numbers of Philippines to EU for that month overtook those of US which was $809.93 million and Japan $762.43 million. Several factors contributed to the increase in trade numbers. A strong EU economy and its rising demand saw an increase of 1.9%, a rise in the agri-food sector exports backed by the EU’s Generalised Scheme of Preferences (GSP) that allows ...

The Dollar Business Bureau Vietnam’s cuttlefish and octopus exports are slated to grow by 4% to reach $470 million in 2017, the Vit Nam Association of Seafood Producers and Exporters (VASEP) said. According to Trng ình Hòe, general secretary, VASEP , Vietnam’s cuttlefish and octopus exports in 2016 stood at $440 million, registering an annual  growth of 3%. The outbound shipments of frozen cuttlefish contributed 34%, while exports of octopus contributed 32% of the country’s total exports. The remaining 34% shares were made up by processed and dried products. Last year, South Korea, Japan and the European Union (EU) remained the largest import markets for Vietnam’s cuttlefish and octopus exports. There was a significant rebound in the overall demand in Japan and other major markets. ...

The target now is to reach $10 billion by 2020, and it is hoped that higher production will help the sector touch $6 billion in FY2014-15, despite dampened shrimp prices and a firm rupee. Abraham J. Tharakan, President, Seafood Exporters Association of India (SEAI)   Today, India’s seafood is popular all around the word with exports to around 100 countries. Growing from a mere Rs.3.92 crore in 1961-62 to Rs. 16,597.23 crore in 2011-12, the growth story of India’s seafood exports is amazing. Driving this growth is improved quality standards and the changing export matrix for India, which has changed from export of mostly dry fish/shrimps to neighbouring countries to exports of frozen shrimps to countries like Southeast Asia, USA ...