Shrimp exports to the EU increased 10% after EVFTA took effect

After more than a month, the EVFTA Agreement took effect and was implemented, many export products of Vietnam have had positive changes in the EU market. In which, typically seafood, from the beginning of August up to now, seafood export has increased by about 10% compared to July. The most increasing items are shrimp and squid ... Except for closed tuna. Box and fish ball, EU will eliminate tariffs on 86.5% of Vietnam's exports within 3 years, 90.3% within 5 years and 100% within 7 years. For canned tuna, the EU gives Vietnam a tariff quota of 11,500 tons. With shrimp products, Vietnam Association of Seafood Exporters and Producers (VASEP) said that Vietnam's shrimp export turnover to the EU increased sharply at 2 digits. Specifically, in August, shrimp exports to the EU were estimated to increase by 20% over the same period in 2019. Economic experts stated that Vietnam has advantages in production and export of agricultural, forestry and aquatic products. The remaining EU has ...