Despite a decline in turnover for shellfish, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported that main seafood product exports in November 2023 were higher than the same period the previous year. Shrimp exports were estimated to reach $3.15 billion, down 22% from the previous year due to price competition and low selling prices. Overall, seafood exports in 2023 are projected to reach around $9 billion, an 18% decrease compared to 2022.