News

Shrimp exports reach the highest level ever in Vietnam

Frozen Common Shrimp & Prawn
Seafood
Vietnam
Published Jan 21, 2023

Tridge summary

Thanks to strong growth in the first months of the year, shrimp exports in 2022 surpassed the USD 4 billion mark for the first time and reached the highest level in history.

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
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