(seafood.vasep.com.vn) China ranked the 8th leading importer of cephalopod in the world; accounting for 5% of total import value of cephalopod in 2016.

(seafood.vasep.com.vn) South Korea is the 12th largest shrimp importer in the world. Shrimp imports into South Korea have been steadily growing over the years, accounting for the share of 1.9% in 2007 to 2.4% in 2016 of total global shrimp imports.

(seafood.vasep.com.vn) As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%).

(seafood.vasep.com.vn) Continuing the downward trend in QIV/2016, Vietnam’s shrimp exports to the U.S in the first two quarters of 2017 decreased by 7.5% to reach US$276.4 million. The figure as of 15th July 2017 was US$306.5 million; down 5.3% over the same period in 2016. Due to the reduction in its imports, the U.S slipped to the 4th rank and Japan replaced to rank the 1st in top Vietnam shrimp importers.

(seafood.vasep.com.vn) After the growth in 2016, Vietnam’s shrimp exports to the Philippines as of July 15th 2017 continued to witness the rise of 41% with the value of US$6.5 million. The Philippines is a single importing market in ASEAN, accounting for 0.4% of Vietnam's shrimp exports to markets.

(seafood.vasep.com.vn) In the first half of 2017, Vietnam’s shrimp exports to China grew by 30% year on year. Therefore, China continues to be the potential importing market of Vietnam in the coming time.

(seafood.vasep.com.vn) After the slump in QI/2017, Vietnam’s shrimp exports in QII/2017 inched up 28.2% to eye US$938.9 million. Thanks to the good growth in Apr-Jun 2017, Vietnam’s shrimp exports in the first half of 2017 gained US$1.6 billion, up 15.2% over the same period in 2016.

(seafood.vasep.com.vn) Taiwan stayed as the 9th largest importer of Vietnam shrimp, accounting for 1.5% of total Vietnam’s shrimp exports. Taiwan has remained its 9th rank since 2016 (through May 2017). In 2014 and 2015, the market ranked the 7th out of top leading Vietnam’s shrimp buyers.

(seafood.vasep.com.vn) The UK stays as the largest importer of Vietnam shrimp in the EU, accounting for 4.8% of Vietnam’s total shrimp exports. Import demand for shrimp into the UK from Vietnam remained good as of May this year.

(seafood.vasep.com.vn) As of July 2017, Vietnam’s shrimp exports amounted to US$1.9 billion, up 18.5% over the same period last year. Shipments to top 8 leading markets witnessed the good growth, except for the U.S (-5.5%).

Vietnam has so far this year exported 243.2 million USD worth of shrimp to the Republic of Korea (RoK), a surge of 29.8 percent year on year.

(seafood.vasep.com.vn) As of August 2017, Vietnam’s shrimp exports amounted to US$2.3 billion, up 21.3% over the same period in 2016.

(seafood.vasep.com.vn) Shrimp imports into the EU accounts for about 30.6% of total worldwide imports, ranging from US$6-8 billion per year. In the past 10 years (2007-2016), shrimp imports into the bloc increased from US$5.6 billion to US$6.7 billion in 2016. The export value bottomed out at US$5.4 billion in 2009 and reached a peak US$7,6 billion in 2014.

Workers process shrimp. Minh Phu Seafood Corporation (MPC) recorded a post-tax profit of VNĐ101.4 billion (US$4.54 million) in the second quarter of this year, 34 times higher than the same period last year.

The central coastal province of Phu Yen will branch out high-tech shrimp cultivation models in a bid to realise its target of 100 million USD in production value by 2025.