Vietnam's shrimp exports increased sharply in many markets
Fresh Common Shrimp & Prawn
Vietnam
Published Nov 24, 2021
Tridge summary
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports in October reached $425.3 million, down slightly by 1.5% over the same period last year. This is considered a signal of recovery when shrimp exports dropped sharply in August and September. Notably, in the main import markets such as the US, EU, and South Korea, the increase increased strongly again. In the US market, Vietnam's shrimp exports in October reached more than US$117 million, up 19% over the same period last year. Accumulated 10 months reached 892.7 million USD, up 22% over the same period in 2020. Currently, the US market needs a lot of fresh meat and frozen shrimp from Vietnam.
Original content
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp exports in October reached $425.3 million, down slightly by 1.5% over the same period last year. This is considered a signal of recovery when shrimp exports dropped sharply in August and September. Notably, in the main import markets such as the US, EU, and South Korea, the increase increased strongly again. In the US market, Vietnam's shrimp exports in October reached more than US$117 million, up 19% over the same period last year. Accumulation in 10 months reached 892.7 million USD, up 22% over the same period in 2020. Currently, the US market needs a lot of fresh and frozen shrimp from Vietnam. Therefore, it is forecasted that in the last months of the year, shrimp exports to this market will continue to increase sharply. For the EU market, shrimp exports in October reached US$74 million, up 13% over the same period last year. Accumulated 10 months is 482 million USD, up 10.4% over the same ...
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