On-the-Ground Updates

Vietnamese Shrimp Exports to China Surged 143% YoY in the First Two Months of 2024

Frozen Common Shrimp & Prawn
Vietnam
Market & Price Trends
Logan Pham
Published Mar 25, 2024
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), there was a notable resurgence in shrimp demand within the Chinese market. From Jan-24 to Feb-24, China emerged as a pivotal market for Vietnamese shrimp, with exports totaling USD 81 million, marking a remarkable 143% increase from the previous year.
Moreover, according to VASEP, Vietnamese shrimp had a competitive pricing advantage over rival suppliers from Ecuador and India. However, what truly sets Vietnamese shrimp apart is its perceived higher quality.

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