Vietnamese shrimp asserts its quality in the EU market

The EU is currently Vietnam's fourth largest shrimp import market, accounting for 13% of Vietnam's total shrimp export value. In this market, Vietnamese shrimp faces fierce competition from heavyweights from Asia such as India and Thailand, and from Latin America like Ecuador and Brazil. This demonstrates that Vietnamese shrimp is increasingly affirming its quality and meeting the high standards of the EU market. In the first nine months of this year, Vietnam's shrimp exports to the EU reached over $360 million, a 15% increase compared to the same period last year. In the first nine months of 2024, shrimp exports to the EU only declined in February and March, while exports in the remaining months recorded double-digit growth. The average export price of Vietnamese shrimp to the EU, especially the price of whiteleg shrimp, has also recorded continuous growth since June this year. This indicates that the EU market still has a high demand for Vietnamese shrimp, especially whiteleg ...