Brazil Becoming Key Market for Vietnam's Seafood
Brazil is rapidly becoming a key market for Vietnamese export seafood products, presenting strong opportunities for growth, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Despite being the second-largest aquaculture producer in Latin America, Brazil continues to rely heavily on seafood imports - purchasing over US$1.4 billion worth annually.
Local production struggles to meet demand, particularly for species like salmon, cod, shrimp and whitefish. Overfishing has also reduced natural seafood supplies, creating further reliance on imports.
With a population exceeding 200 million and an average per capita seafood...
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