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Why did the US reduce shrimp imports, increase fish imports, and buy the most from Vietnam which products?

Seafood
United States
Vietnam
Price
Supply
Updated Jan 29, 2023
According to statistics of the US Department of Agriculture, in the last months of 2022, the demand for US seafood imports tends to decrease. Specifically, in November 2022, the US seafood import volume was 2% lower than the same period last year, reaching 252,000 tons, worth $ 2.1 billion, down 12% compared to the same period in 2021. Notably. , the US sharply reduced shrimp imports (down 19% and 25% respectively) to 64,000 tons, worth 579 million USD.
According to statistics of the US Department of Agriculture, in the last months of 2022, the demand for US seafood imports tends to decrease. Specifically, in November 2022, the US seafood import volume was 2% lower than the same period in the same period last year, reaching 252,000 tons, worth $ 2.1 billion, down 12% compared to the same period in 2021. Notably. , the US sharply reduced shrimp imports (down 19% and 25% respectively) to 64,000 tons, worth 579 million USD. According to the Vietnam Association of Seafood Exporters and Producers (VASEP), inflation makes US consumers more limited with high-priced items, so not only shrimp consumption decreases but also crabs, squids, and octopus The demand for octopus is also reduced. In November 2022, imports of other crustaceans (crabs) to the US decreased by 35% and 56%, respectively, while imports of molluscs (squid, octopus, clams, mussels...) decreased by 18% and 19%. Meanwhile, fish products still have great appeal to US ...
Source
Danviet
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