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(seafood.vasep.com.vn) The UK stayed as the third largest shrimp importer in the EU, behind Spain and France. The UK mainly imports shrimp for domestic consumption. In the past three years, the UK has been one of potential markets of many Vietnamese shrimp exporters.

(seafood.vasep.com.vn) In April 2018, Vietnam’s shrimp exports hit US$275.2 million, down 0.4% compared with April 2017. However, thanks to the good growth in the first three months of the year, total shrimp exports as of Apr 2018 increased by nearly 14% year on year. The growth rate of shrimp export in the first 4 months of 2007 slowed down compared to the previous month due to a fall in the domestic and world shrimp prices in the context of a rise in the world shrimp supply.

(seafood.vasep.com.vn) Vietnam’s shrimp exports from 1998 to 2017 achieved the impressive growth of 752% from US$453 million in 1998 to nearly US$4 billion in 2017 (up 8.5 times). In the 20 years, despite facing many challenges, the shrimp industry still stands up to become the key export sector, bringing the highest turnover among export seafood products, contributing to the reputation of Vietnam's aquatic products on the international market.

Farmers in coastal Tra Vinh have planted more than 4,000ha of mangrove forests to breed shrimp and other aquatic species, according to the provincial Department of Agriculture and Rural Development.

(seafood.vasep.com.vn) Favorable factors in the first months of the year such as the weather, high yield, high demand and stable shrimp prices facilitated Vietnam’s shrimp production and exports. Vietnam’s shrimp exports in March 2018 reached US$302.4 million, up 25.8% from March 2017; the figure in the first quarter 2018 amounted to US$742.9 million, up 20.2% over for the same period of 2017.

(seafood.vasep.com.vn) The EU remained as the largest importer of Vietnamese shrimp, accounting for 18.2% of Vietnam’s total shrimp exports. Shrimp exports to this market in the first three months of this year reached US$134.9 million, up 13.5% over the same period last year. Exports to the three main markets (the Netherlands, Germany and Belgium) recorded the double digit growth. Exports to the Netherlands and Germany increased by 76.3% and 55.3%, respectively, while exports to Belgium grew by 18.9%.

(seafood.vasep.com.vn) EU was the largest export market of Vietnamese shrimp in the first quarter of this year.

(seafood.vasep.com.vn) Favorable factors in the first months of the year such as the weather, high yield, high demand and stable shrimp prices facilitated Vietnam’s shrimp production and exports. Vietnam’s shrimp exports in the first two months of 2018 touched US$440.5 million, up 16.5% over the same period in 2017.

(seafood.vasep.com.vn) In 2017, the U.S market dropped to the 4th rank in top leading shrimp buyers of Vietnam, accounting for only 17% of Vietnam’s total shrimp exports.

(seafood.vasep.com.vn) After the good growth in 2017, Vietnam’s shrimp exports in 2018 continued to go up. In January 2018, Vietnam exported shrimp to 49 markets with the export turnover of US$264.8 million, up 33.2% over the same period in 2017.

(seafood.vasep.com.vn) Australia is the 16th largest shrimp importer in the world, accounting for 1.5% of total global shrimp imports in 2017.

(seafood.vasep.com.vn) The Netherlands is Vietnam's largest shrimp importer in the EU, accounting for 26% of Vietnam shrimp exports to the EU and accounting for 5.8% of Vietnam’s total shrimp exports to markets in 2017. Vietnam’s shrimp exports to the Netherlands witnessed the continuous growth in 2017 compared with the previous year.

(seafood.vasep.com.vn) From 2013 until now, whiteleg shrimp always accounted for over 50% in the total export turnover of shrimp and increasingly express its key position. This item expected to continue to be a key export item in the coming time, contributing significantly to the total export turnover of shrimp in particular and seafood in general. Vietnam’s whiteleg shrimp exports are projected to continue the increase in 2018.

(seafood.vasep.com.vn) This is an important part of the working session between the Australian Department of Agriculture and Water Resources and the Bac Lieu People's Committee.


  • SPECIALIST ON SHRIMP MARKET

Ms Kim Thu

Email: kimthu@vasep.com.vn

Tel: 84.24.3771.5055 (ext 203)

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