Tridge summary
In 2022, Vietnam's shrimp exports hit a record $4.3 billion, marking the first time exports surpassed $4 billion, with an 11% increase from the previous year. The US remained the largest market for Vietnamese shrimp, with exports valued at $807 million USD. Other significant markets included the EU, Japan, China, Hong Kong, Korea, and Australia. The export value of processed shrimp products surpassed fresh/frozen shrimp products, with processed black tiger shrimp and whiteleg shrimp seeing notable increases, while fresh/frozen black tiger shrimp exports experienced a decrease.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), in 2022, Vietnam's shrimp exports will reach a record $4.3 billion, up 11% compared to 2021. This is also the first year of exports. shrimp crossed the 4 billion USD mark. Despite a sharp decrease (down 23% compared to 2021, but the US is still the largest market for Vietnamese shrimp in the past year with 807 million USD, followed by EU 691 million USD, Japan 671 million USD, China - Hong Kong). 664 million USD, Korea 468 million USD, Australia 272 million USD. Regarding the structure of export products, in the past year, the value of processed shrimp products increased better than that of fresh/frozen shrimp products (processed black tiger shrimp increased ...
Source: Agriculture
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.