Vietnam’s shrimp exports are expected to reach US$3.4 billion in 2023

News from SeafoodNews on December 28, data from the Vietnam Association of Seafood Exporters and Producers (VASEP) show that Vietnam’s shrimp exports will reach US$3.4 billion in 2023, a year-on-year decrease of 21%. The export volume in November was US$284 million, a year-on-year decrease. 5%, the smallest decline this year. ​ Vietnam’s shrimp exports in the first 11 months of 2023 were US$3.1 billion, a year-on-year decrease of 23%. ​ The five local exporters with the largest export earnings include Stapimex, Minh Phu Seafood Corp, Minh Phu-Hau Giang, Cases and Fimex VN. ​ The United States remains the country's largest single export market for shrimp. Vietnam's shrimp exports in November were US$51 million, a year-on-year increase of 24%. In the first 11 months of this year, exports to the United States were US$640 million, a year-on-year decrease of 17%. On the contrary , from the perspective of U.S. imports, the quantity and cost of Vietnamese shrimp ...