(seafood.vasep.com.vn) In the first 9 months of 2016, Vietnam shrimp exports to the US only decreased by 1.5% in June; exports in the remaining months reported the positive growth compared to the same period in 2015.
In QIII/2016, shrimp exports to the US reached US$221,3 million; up 51% compared to QII/2016 and up 17.2% from QIII/2015.
In Jan-Sep 2016, shrimp exports to the market reached US$520.2 million; up 15.2% over the same period in 2016. The US is the largest shrimp importer of Vietnam, accounting for 23% of total shrimp exports Vietnam in the first 9 months of this year.
The US is in high demand with Vietnamese shrimp. This time, many restaurants and retailers in the US launched the advertisement strategies to boost shrimp demand from consumers.
Whitleg shrimp made up large proportion
The US is also the largest importer of whiteleg shrimp from Vietnam. In Jan-Sep 2016, whiteleg shrimp exported from Vietnam to the US made up 75% of the total exports; black tiger shrimp with 22% and marine shrimp with 3%. In the period, processed whiteleg shrimp (HS 16) exported from Vietnam to the US was 1.8 times higher than live/fresh/frozen whiteleg shrimp (HS 03). While live/fresh/frozen black tiger shrimp (HS 03) from Vietnam to the US was 3.4 times higher than processed black tiger shrimp (HS 16).
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Shrimp products exports from Vietnam to US, Jan-Sep 2016
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Products
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Value (US$)
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Processed whiteleg shrimp (HS 16)
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252,670,797
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Canned other shrimp (HS 16)
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187,037
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Processed other shrimp (HS 16)
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13,174,386
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Processed black tiger shrimp (HS 16)
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25,996,586
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Dried other shrimp (HS 03)
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371,952
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Live/fresh/frozen whiteleg shrimp (HS 03)
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137,995,342
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Live/fresh/frozen other shrimp (HS 03)
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2,182,528
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Live/fresh/frozen black tiger shrimp (HS 03)
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87,656,077
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Total
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520,234,704
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In 2013, it was the first time, whiteleg shrimp surpassed black tiger shrimp in export value to the US. In the year, Vietnam shrimp sector recovered its production, set the target in development, especially whiteleg shrimp. In 2013, due to economic downturn, the US consumers shifted to buy more whiteleg shrimp and the trend remains in the following years.
In 2013, the US has become the 1st biggest importer of Vietnam whiteleg shrimp. The supply of whiteleg shrimp from Thailand declined, Vietnam and India has become the alternative suppliers to the US.
Despite being affected by the final result of POR10, Vietnam shrimp exports to the US in the last quarter of the year expected to remain the growth.
By Kim Thu