Vietnam shrimp exports are estimated to reach 3.6 billion USD this year

Published Dec 20, 2023

Tridge summary

Vietnam's GDP growth in 2023 is estimated at over 5%, with the agriculture, forestry, and fishery sector experiencing a 3.4% increase. The country has become the second largest shrimp supplier in the world, with Ca Mau province alone contributing 1 billion USD in shrimp exports. The 2023 Shrimp Festival will showcase the achievements and potential of the shrimp industry, providing an opportunity for businesses to promote their brands and engage in trade activities.

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Original content

The information was stated by Deputy Prime Minister Le Minh Khai at the opening of Ca Mau Shrimp Festival and the 2023 OCOP Mekong Delta forum ceremony on December 10. Vietnam's GDP growth in 2023 is estimated at over 5%, although lower than the targeted 6.5%, it is still high compared to other countries in the region and the world. Of which, the agriculture, forestry and fishery sector increased by 3.4%, continuing to be an important pillar of the economy during difficult times. The Deputy Prime Minister said Vietnam has become the second largest shrimp supplier in the world, exporting to about 100 countries. Ca Mau province alone has contributed 1 billion USD in shrimp exports (accounting for 28% of the country and maintaining at 1 billion USD in the last three years). Ca Mau shrimp industry has maintained its position in the world market, exporting to more than 60 countries and territories. "In addition to super-intensive farming, the province also has sustainable farming ...

Source: Vasep