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China imported record shrimp in Q1, but imports from Vietnam dropped sharply

Frozen Common Shrimp & Prawn
Seafood
Vietnam
Published May 12, 2023

Original content

China's shrimp imports in the first quarter of this year increased by 34% year-on-year to 274,479 tons. Import turnover reached 1.4 billion USD, up 16% over the same period last year. Imports of frozen warm water shrimp in March reached a record level of 105,687 tons, up 74% over the same period last year. The average price of China's imported shrimp in March stood at $5.50/kg, up slightly from $5.3/kg in February - the lowest level in two years. So far, Ecuador remains the largest shrimp supplier to China in the first quarter with a 43% increase to 179,094 tons. The average price of shrimp imports from Ecuador to China is $5.31/kg, up from a low of $5.15/kg in February 2023. India ranked second with 25,796 tons, up 16%. The third supplier is Argentina with 205% growth in volume of red shrimp, reaching 6,952 tons. Meanwhile, Saudi Arabia and Thailand supplied 4,744 tons and 4,280 tons during the period, up 231% and 1% respectively. Vietnam ranked 6th among the countries that ...
Source: Vietstock
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