The 90-day suspension of US tariffs brings opportunities and challenges to Vietnam's shrimp export industry
Published 2025년 4월 22일
Tridge summary
Vietnamese shrimp exporters are poised to expand their market share in the US following restrictions on Chinese shrimp exports. This presents a strategic opportunity for Vietnam to focus on high value-added products and trace product origin. However, the market faces challenging price competition and risks of Chinese products being labeled as 'Made in Vietnam'. In response, China is likely to shift its shrimp exports to the EU, Japan, and ASEAN, including Vietnam's main export markets, leading to increased competition and pressure on profit margins.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
For Vietnam, this window of opportunity is both a strategic opportunity and a challenge. With China's shrimp exports to the United States blocked, Vietnamese exporters have a rare opportunity to expand their market share, especially by focusing on high value-added products and strictly tracing the origin of products. This is also accompanied by fierce price competition and increasingly strict scrutiny by US Customs, as the market is concerned that Chinese products will be re-entered into the US market with the "Made in Vietnam" label. China ...
Source: Foodmate
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