Shrimp Exports Leverage Advantages from the Australian Market

In the context of shrimp exports facing pressure from trade defense measures, especially the risk of retaliatory tariffs from the US, seeking and expanding potential export markets is crucial for businesses. Australia is considered a market with stable growth potential and aligned with the strategy of enhancing added value. According to Ms. Phung Thi Kim Thu - Shrimp Market Expert at the Vietnam Association of Seafood Exporters and Producers (VASEP), Australia is currently one of the potential markets that aligns with the orientation of developing deep-processed products and increasing added value in the shrimp sector. "Australia not only has stable demand but also highly values shrimp products with clear traceability. This is an advantage that Vietnamese businesses should leverage," Ms. Thu emphasized. In reality, Australia is the fifth-largest individual market for Vietnamese shrimp, accounting for about 7% of total export value. In the first four months of 2025, shrimp exports ...