Vietnam's USD 4 billion shrimp export target in 2024 is already within reach

In 2024, Vietnam's shrimp export sector performed well despite global economic instability and high inflation in 2023. This was attributed to effective consumer stimulus policies, a recovery in import demand, and stable production levels. Additionally, increased export prices and favorable raw shrimp prices enhanced the profitability of exporters, shifting their focus towards value-added shrimp products.