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(seafood.vasep.com.vn) Vietnam's shrimp exports in November 2022 decreased by 18%, the strongest decrease since the beginning of the year. November is also the month that recorded the lowest export sales since March. However, accumulated in 11 months of 2022, shrimp export revenue still reached more than 4 billion USD, an increase of 14% over the same period in 2021 and became the highest level over the years.

(seafood.vasep.com.vn) On December 10, 2022 at the celebration of seafood export reaching 10 billion USD in Ho Chi Minh City, the Vietnam Association of Seafood Exporters and Producers (VASEP) announced the list of 30 excellent enterprises in 2022, in which there are 10 shrimp export enterprises.

(seafood.vasep.com.vn) According to data from Vietnam Customs, as of November 15, 2022, Vietnam's shrimp exports to South Korea reached nearly $422 million, up 33% over the same period in 2021.

(seafood.vasep.com.vn) Ba Ria - Vung Tau province strives by 2025, the total aquaculture production will reach 20,000 tons/year. The province also aims to promote applications of high-tech aquaculture, cage aquaculture on the sea, coast and islands.

(seafood.vasep.com.vn) According to the consolidated financial statements of the third quarter of 2022, Camimex Group recorded net revenue of VND 823 billion, an increase of 56% compared to the same period in 2021. However, the rate of increase in cost of goods sold was also stronger than the same period of VND 714 billion, making the company's gross profit only reached 100 billion dong; gross profit margin reached 12%.

(seafood.vasep.com.vn) In October 2022, Vietnam's shrimp exports to China increased by 50% to 65 million USD. This increase helps China surpass the US and continue to be the largest shrimp import market of Vietnam in October. Accumulating 10 months, shrimp exports to China reached 547 million USD, up 60% over the same period. In October, Vietnam's shrimp exports to China recorded the highest growth rate in the top 5 main shrimp import markets of Vietnam.

(seafood.vasep.com.vn) According to data from Vietnam Customs, in October 2022, Vietnam's shrimp export value recorded a decrease compared to the same period in 2021, down 16% to $360 million. This is the third month since the beginning of 2022, shrimp exports recorded a decrease compared to the same period last year. Previously, in June and July, shrimp exports decreased by 1% and 13%, respectively.

(seafood.vasep.com.vn) Vietnam's shrimp exports in the first 9 months of 2022 recorded a growth of 23% to nearly $3.4 billion. However, shrimp exports really only increased in the first half of the year thanks to high export prices and strong market demand. Since the third quarter, shrimp exports have slowed down and gradually decreased compared to the same period last year and decreased compared to the previous months.

(seafood.vasep.com.vn) Vietnam's shrimp imports into the Netherlands increased sharply in the first half of 2022, increasing Vietnam's shrimp market share in this important market.

(seafood.vasep.com.vn) As of October 15, 2022, Vietnam's shrimp exports to Australia reached nearly $214 million, up 62% over the same period in 2021. This is the highest growth rate among the top main shrimp import markets of Vietnam.

(seafood.vasep.com.vn) In September 2022, Vietnam's shrimp exports reached 349 million USD, up 13% over the same period in 2021. Accumulated in the first 9 months of the year, shrimp export value reached 3.4 billion, up 23% over the same period last year. In September this year, Vietnam's shrimp exports tended to increase in Asian markets such as Japan, China, and Korea while being “quiet” in Western markets such as the US and EU.

(seafood.vasep.com.vn) General sales in 9 months reached 182 million USD, increased by 18% and fulfilled 79% of the year plan. Although consumption would slow down in the last months of the year, Fimex VN still ensured the completion of the plan.

(seafood.vasep.com.vn) Accumulating 6 months, Vietnam's shrimp export turnover was 2.3 billion USD, up 31% over the same period last year. In the second half of the year, many economic fluctuations affected exports in general and the shrimp industry in particular. Mr. Ho Quoc Luc, Chairman of the Board of Directors of FIMEX VN (HOSE: FMC) answered the interview about the shrimp industry in general and strategies of FIMEX VN.

(seafood.vasep.com.vn) In August 2022, Vietnam's shrimp exports reached more than 398 million USD, up 41% over the same period in 2021. Accumulated in the first 8 months of 2022, shrimp exports reached more than 3 billion USD, an increase of 24%..

(seafood.vasep.com.vn) Although only ranked 6th in shrimp imports from Vietnam, accounting for about 6%, Australia is considered a potential market for Vietnamese shrimp in recent years.


  • SPECIALIST ON SHRIMP MARKET

Ms Kim Thu

Email: kimthu@vasep.com.vn

Tel: 84.24.3771.5055 (ext 203)

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