The country’s seafood exports are estimated at 441,500 tons valued at US$1.67 billion in the first quarter of this year, up 8.73% in volume and 11.2% in value against the same period last year, of which shrimp exports ranked second in terms of volume but first in value. The EU, the US, Japan, China, the Republic of Korea, Australia, Canada, ASEAN, Taiwan, and the Switzerland were top ten importers, which accounted for 88.6% of Vietnam’s total shrimp export value. All of these markets, except Japan, obtained a positive growth with Australia seeing the highest growth of 76.2%. The EU, Japan and China were the three largest consumers of Vietnamese shrimps late last year, but, the placed orders have changed with the US rising to the second place, followed by Japan and China. The EU remained the biggest importer, making up 18.6% of the country’s total shrimp exports with US$81.9 million in the first two months of this year (up 11% over the same period last year). Being considered the most dynamic market of Vietnamese shrimps in 2017, exports to the EU have further maintained an upward trend this year. Currently, shrimp exports to the market enjoy many advantages as Indian… Read full this story
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