Shrimp capital Soc Trang increased by 32% in shrimp exports in the first half of the year
08:07 07/22/2021

Minh Phu Hi-tech Agriculture Co., Ltd was established in October 2018 with the main activities of producing, cultivating, processing and exporting aquatic products, importing processing materials for export.

Despite the impact of the Covid-19 epidemic, with the initiative from the beginning of the year, together with the efforts of related parties, associations, business community ... Vietnam's seafood export has created a breakthrough. In particular, shrimp products have achieved impressive export growth.

(seafood.vasep.com.vn) By 2025, Ben Tre province will have 4,000 hectares of brackish water shrimp farming (white shrimp, black tiger shrimp) applying high technology; in which, Ba Tri district has 500 ha, Binh Dai district 2,000 ha and Thanh Phu district 1,500 ha.

(seafood.vasep.com.vn) In the first 4 months of 2021, the total value of Vietnamese shrimp exports to the US market reached US$198 million, up 24.8% over the same period last year. Up to now, the US continues to be the leading whiteleg shrimp export market of Vietnamese seafood enterprises. In particular, in the first months of this year, Vietnamese enterprises sharply increased the export of dried shrimp and processed vannamei shrimp to the US market.

(seafood.vasep.com.vn) The Vietnam Record Organization has just recognized Minh Phu Seafood Corporation as the owner of the largest organic shrimp farming area in Vietnam's mangroves, with a total area of 9,722 hectares and a total area of 9,722 hectares and participation of 2010 Ca Mau farmer households.

(seafood.vasep.com.vn) In the first 4 months of this year, the shrimp export value of the top 10 leading shrimp exporters in Vietnam reached 452 million USD, accounting for 47% of the total shrimp export of the country. In which, MINH PHU SEAFOOD CORP, STAPIMEX and MINH PHU HAU GIANG continue to be the top 3 exporters.

(seafood.vasep.com.vn) In the first four months of 2021, Vietnam's total shrimp export value reached US$961.9 million, up 10.2% over the same period last year, of which whiteleg shrimp products accounting for 75.8% of total shrimp exports, up 20%. This result reflects the flexible grasp of the market by Vietnamese shrimp enterprises to overcome obstacles of many Covid waves.

(seafood.vasep.com.vn) In the first 4 months of this year, Vietnam's shrimp exports to a number of markets grew dramatically compared to the same period last year, including the Australian market. As of the first half of April 2021, the total value of Vietnam's shrimp exports to the Australian market reached US$47.4 million, up 60% over the same period last year.

(seafood.vasep.com.vn) As of the first half of April 2021, the total value of Vietnamese shrimp exports to the Japanese market reached 154.2 million USD, down 2.1% over the same period last year. Up to now, Japan is still Vietnam's largest black tiger shrimp export market. However, in the context of increasingly complicated Covid developments, the country continues to increase the amount of imports of vannamei shrimp because the price is more suitable.

(seafood.com.vn) Shrimp production and processing is one of the key industries of Ca Mau province. With this strength, Ca Mau province has developed strategies to maximize its potential in order to develop its brand and promote export markets.

(seafood.vasep.com.vn) In super-intensive shrimp farming, technology plays an important and decisive role for success. Bac Lieu province is applying advanced technology to farming models, in order to improve production, quality and towards closed-loop shrimp farming, environmental protection and sustainable development.

(seafood.vasep.com.vn) The Mekong Delta is entering the brackish water shrimp farming season in 2021, with an estimated increase in the farming area and harvest compared to 2020. However, since the beginning of the year until now, the COVID-19 epidemic has continued to break out, causing the shrimp exports of enterprises in the Mekong Delta face many difficulties, especially in the field of logistics, affecting and reducing the profits of shrimp companies in particular and seafood enterprises in general.

(seafood.vasep.com.vn) In the first three months of this year, Vientnam pangasius exports to the Russian market grew at a triple-digit rate compared to the same period last year. Exports to many major export markets have also begun to recover, notably in March 2021, the value of pangasius exports to China - Hong Kong market increased by 28% over the same period last year.

Willem Van Der Pijl is a shrimp industry analyst, having a thorough understanding of the structure and dynamics of most shrimp markets and most shrimp producing countries. His expertise covers the input, the farming, the processing, the export/import and the market distribution segments of the industry. He can access to best data sources that help to strengthen fact based reporting, thanks to a global network, covering all segments of the industry. In particular, VASEP is also a partner to exchange and share information on the shrimp industry with Willem Van Der Pijl.

(seafood.vasep.com.vn) Vietnam's shrimp exports in the first quarter of 2021 reached US$ 661 million, an increase of over 5%. This slight growth was mainly due to an increase in exports of 16.5% in March. Shrimp exports to the US, EU, Australia, UK, and Russia surged in March (up 49%, 27%, 37%, 31% respectively and 97%), making the picture of shrimp export in the first quarter brighter after the cumulative results in the first 2 months decreased compared to the same period last year.


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