(seafood.vasep.com.vn) Canada is currently the 6th largest shrimp importer of Vietnam, accounting for 4.3% of the total export value of Vietnamese shrimp to markets. In recent years, Vietnamese shrimp exports to Canada have grown unsteadly. Notwithstanding, Canada is still considered as a potential market of Vietnamese shrimp.

The EU is a potential market for Vietnam's shrimp industry next year because it is the largest shrimp market in the world, while the shrimp production of this bloc has not met its demand, according to domestic seafood experts.

(seafood.vasep.com.vn) After decling in the first months of 2019, Vietnamses shrimp exports to China began to recover from May to August with double-digit growth. In August 2019, Vietnamses shrimp exports to China rose by 30% to US$ 51.4 million. In the first eight months of 2019, shrimp exports to this market reached US$336.5 million, up 5% over the same period in 2018.

(seafood.vasep.com.vn) Taiwan was Vietnam's 8th largest shrimp importer, accounting for 1.8% of Vietnam's total shrimp export value to markets. Vietnamese shrimp exports to Taiwan were quite stable in the first 7 months of 2019.

(seafood.vasep.com.vn) After unstable growth in the first 4 months of the year, Vietnamese shrimp exports to Japan grew steadily in three months of May, June and July, although the increase was not much. In July 2019, shrimp exports to this market reached nearly US$56 million, up 2.2%. Due to a sharp decline in January and April, in the first 7 months of this year, shrimp exports to Japan still decreased slightly by 2.8% to nearly US$329 million.

(seafood.vasep.com.vn) In the first seven months of 2019, Vietnam shrimp export reached US$1.8 billion, down 8% compared to the same period in 2018. The downward trend has slowed down thanks to positive export growth in July. Vietnam shrimp export is expected to reach more positive results in the last months of the year.

(seafood.vasep.com.vn) Taiwan was Vietnam's 8th largest shrimp importer, accounting for 1.7% of Vietnam's total shrimp export value to markets. Vietnamese shrimp exports to Taiwan were quite stable in the first 9 months of 2019.

(seafood.vasep.com.vn) According to the latest data of the US Department of Agriculture, in the first 8 months of 2019, the US imported 432,820 tons of shrimp, worth US $ 3.6 billion, up 1% in volume and 5% in value over the same period in 2018. Top 6 largest shrimp suppliers to the US included India (accounting for 38% of the total import value of shrimp into the US), Indonesia (19.5%), Ecuador (10.3%), Vietnam (10.1 %), Thailand (7.7%) and China (2%).

(seafood.vasep.com.vn) According to the report on Vietnam seafood exports in the first quarter of 2019, Vietnam’s seafood exports in the first 3 months of this year showed the slight growth of 1% to touch US$1.8 million because shrimp exports continued to decline. Vietnam’s seafood exports in the second quarter this year are forecast to rise by 8% if exports of marine products (marine finfish, tuna, cephalopod) post the sharp increase and pangasius exports show the stable growth.

(seafood.vasep.com.vn) Vietnamese shrimp exports rose by 13% in July 2019, down slightly by 1.6% in August and continued to decrease by 7.4% in September. Vietnamese shrimp exports in September 2019 reached US$307.3 million, decreased by 7.4%. Accumulated in the first 9 months of 2019, shrimp exports reached US$2.4 billion, down 7% from the same period in 2018.

(seafood.vasep.com.vn) Vietnamese shrimp exports to China rose by 10% to nearly US$47 million in June 2019. In the first six months of 2019, exports to this market declined by 4.9% to US$233.5 million.

The Mekong Delta province of Bac Lieu will work closely with FLC Group and Viet Uc Group to build and develop brands for local shrimp products under a cooperative deal inked between the provincial People’s Committee and the two corporations on October 3.

(seafood.vasep.com.vn) Vietnam shrimp exports in the first six months of 2019 reached US$1.4 billion, down 12% compared to the same period of 2018. Raw material shrimp price decreased, export prices has not increased, import demand went down from the main markets and fierce competition from India, Ecuador were the main factors that makes Vietnam shrimp exports could not increase.

(seafood.vasep.com.vn) Vietnam Fisheries International Exhibition 2019 (Vietfish 2019) hosted by VASEP will take place from 29 to 31 August 2019 at Saigon Exhibition & Convention Center (SECC), 799 Nguyen Van Linh, Dist. 7, HCMC, Vietnam. As part of the outstanding activities at VIETFISH 2019, VASEP is planning to hold 06 major conferences and forum to provide multi-dimensional information for seafood importers and exporters and units in the seafood services supply chain, international importers/retailers and domestic and foreign customers, ...

The EU market looks a strong opportunity for Vietnamese shrimp exports in the coming years, said Nguyen Tien Thong of Danish research body Syntesa.