Vietnam, first half EU shrimp exports increase by 16%

In the first half of this year, Vietnam's shrimp exports to the European Union (EU) amounted to $252 million, showing a significant growth of 16% compared to the same period last year. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), the EU emerged as the most stable market for the growth of Vietnamese shrimp this year's first half. Among the major EU markets, Germany saw a 24% increase, Belgium 31%, and France about 20%, while the Netherlands, traditionally considered a key market, experienced a 4% decrease. This is analyzed as a reflection of changes and segmentation in consumption patterns within the EU market. By item, whiteleg shrimp was the main product, with exports amounting to $260 million, accounting for 81.9% of the total and showing a 17.8% increase compared to the previous year. Specifically, processed whiteleg shrimp increased by 17% to $97.4 million, and fresh/frozen whiteleg shrimp increased by 18.6% to $187 million. Black tiger ...