Australians' Strong Preference Drives Increase in Vietnam's Shrimp Exports in 2023

The increase in Vietnam's shrimp exports to Australia in 2023 can be due to Australians' strong preference for Vietnamese shrimp. This preference extends across various sectors, from restaurants to supermarkets and retail stores. Notably, Vannamei shrimp holds a significant share of Vietnam's shrimp products in the Australian market, while black tiger shrimp constitute a smaller proportion, around 0.2%. Additionally, other shrimp varieties account for 8.4%.

Vietnam's success in the Australian shrimp market is attributed not only to its shrimp's quality and supply capacity but also to the high level of added value in shrimp product processing. This suggests that Vietnam is not just providing raw shrimp but is engaged in value-added processing, meeting the specific demands and preferences of the Australian market.