China spent 547 million USD to buy a seafood species from Vietnam, buying more than the US
Seafood
United States
Vietnam
China
Published Dec 5, 2022
Tridge summary
According to information from the Vietnam Association of Seafood Exporters and Producers, in October 2022, Vietnam's shrimp exports to China increased by 50%, reaching 65 million USD. This increase helps China to surpass the US and continue to be Vietnam's largest shrimp import market in October. Accumulating 10 months of 2022, shrimp exports to China reached 547 million USD, up 60% compared to same period.
Original content
According to information from the Vietnam Association of Seafood Exporters and Producers, in October 2022, Vietnam's shrimp exports to China increased by 50%, reaching 65 million USD. This increase helps China surpass the US, continuing to be Vietnam's largest shrimp import market in October. Accumulating 10 months of 2022, shrimp exports to China reached 547 million USD, up 60% over the same period. In October, Vietnam's shrimp exports to China recorded the highest growth rate in the top 5 main shrimp import markets of Vietnam. VASEP said that China's domestic shrimp production decreased due to adverse weather and shrimp diseases in some main shrimp production areas; While the increased demand for shrimp imports to serve the Mid-Autumn Festival, National Day and Lunar New Year, China has increased shrimp imports in recent months. According to China Customs, in October 2022, China's shrimp imports reached 80,000 tons, down from 87,000 tons imported in September. In terms of import ...
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