Vietnamese shrimp exports to Australia fall, but still seen as major supplier

Published 2023년 12월 26일

Tridge summary

Vietnam's shrimp exports to Australia reached over US$198 million as of November 15, 2023, showing a 16% decrease from the previous year. Despite the decline in exports to Australia, Vietnam's shrimp exports to other major markets like the EU, the United States, Japan, and South Korea also saw decreases. White-leg shrimp is the most exported shrimp variety to Australia, accounting for 95% of Vietnam's shrimp exports to the country.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

News from SeafoodMedia on December 20 that as of November 15, 2023, Vietnam’s shrimp exports to Australia exceeded US$198 million, a year-on-year decrease of 16%. Although exports to Australia showed a decrease, compared with the EU, the United States, Japan, The decline in exports from major markets such as South Korea was smaller. ​ This year, Vietnam’s shrimp exports to Australia are unstable. In the first seven months of this year, trade increased and decreased. Although Vietnam’s shrimp exports increased slightly in August and September, exports continued to decrease in October, but the decline was smaller than in previous months. It has eased a bit every month. ​ In the past five years, Vietnam's shrimp exports to Australia have continued to grow from US$127 million in 2019 to US$272 million in 2022, accounting for 6.3% of Vietnam's total shrimp exports, from 3.7% in 2019 to 2022. . ​ White-leg shrimp accounts for the largest proportion of Vietnam’s shrimp exports to ...
Source: Foodmate

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