Excluding intra-regional imports, among countries in Asia, currently, China is leading the list of exports to Nordic countries with a turnover of 61.86 million USD in 2020, accounting for 0.85 % market share, followed by Vietnam, India ranked third, with a turnover of about 11.27 million USD, accounting for 0.15%.

The two main products that Vietnam exports to this market are frozen shrimp and fish fillets.

For pangasius and tiger shrimp, Vietnam dominates the actual import market share because most of these products in Northern Europe originate from Vietnam. However, the import market share according to statistics is not high because Vietnamese enterprises rarely export directly to Northern Europe, but often export to intermediary hubs in central European countries such as the Netherlands and Germany. , France, Belgium.

The EVFTA Agreement that took effect in August 2020 brings many incentives, creates more competitiveness for Vietnam's seafood products, and is an opportunity for Vietnamese enterprises to export directly to the Nordic market with higher prices than exporting through intermediaries.

To support seafood exporters to this market, the Vietnam Trade Office in Sweden, concurrently with Denmark, Norway, Iceland, and Latvia compiled and published the book "Northern European Seafood Market". , which in turn introduces the overview, size, trend, market segmentation, production situation, import and export, distribution channels, and market regulations. The book also evaluates the advantages and disadvantages, from which to make recommendations for businesses.

Hope the book is useful for businesses and readers.

Click here to read the book.

https://vietnordic.com/wp-content/uploads/books/Thuysan/thuysan.html

Source: Vietnam Trade Office in Sweden