(vasep.com.vn) In 2014, EU market was a focal point in the picture of Vietnam shrimp exports. This market maintained high growth rates in consecutive months, even when some other markets witnessed declines.
Shrimp sales to the market in the 11 initial months of 2014 saw 71.7% year-on-year growth. Shrimp from Vietnam owned advantages against competitors such as Thailand and India.
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Shrimp imports into the EU, Jan-Aug/2013-2014 (US$ thousand) (Source: ITC)
|
|
Origin
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Jan-Aug/2013
|
Jan-Aug/2014
|
2014/2013
|
|
World
|
3,781,918
|
4,636,471
|
22.6
|
|
Ecuador
|
397,870
|
546,989
|
37.5
|
|
India
|
279,901
|
513,565
|
83.5
|
|
Netherlands
|
350,845
|
359,795
|
2.6
|
|
Vietnam
|
166,464
|
289,392
|
73.8
|
|
Denmark
|
265,056
|
264,249
|
-0.3
|
|
Bangladesh
|
198,252
|
252,120
|
27.2
|
|
Argentina
|
184,897
|
221,533
|
19.8
|
|
Belgium
|
158,260
|
204,395
|
29.2
|
|
Canada
|
172,247
|
178,044
|
3.4
|
|
Greenland
|
171,933
|
161,355
|
-6.2
|
Thai shrimp was strongly affected by adverse information in foreign media. In June 2014, The Guardian published articles on Thai shrimp industry, which uses large amounts of fish
meal from fishing vessels with illegal labors. Shortly after the article, French-based retailer, Carrefour, the world’s second-largest retailer stopped buying shrimp from Thailand. About 15% of Thai total shrimp exports are to EU market, lower than the United States by 10%.
In 2014, GSP preferential tariffs from cooked and processed shrimp from Thailand came to an end, tariff therefore climbed to 20%. Likewise, from January 2015, raw shrimp will no longer be levied at 4%. The tariff for raw shrimp will be 12%.
From January to August 2014, Indian shrimp imported into the EU increased by 83.5%. India was the biggest shrimp supplier to the EU. However, the last few months, India faced warnings from the EU for rejected shrimp due to antibiotics.
