Vietnam's shrimp exports valued at nearly US$2.8 billion in first nine months of 2024

The article highlights the robust growth in exports to key markets like the US, EU, China, and Japan, despite facing challenges such as negative price trends and competition from Ecuador and India. Notably, there was a significant increase in the exports of processed squid and crab by 13% and 56% in the third quarter, respectively. The Vietnam Association of Seafood Exporters and Producers (VASEP) is optimistic about continued growth in 2024, forecasting an export value of US$9.5 billion, which represents a 7% increase from 2023.