Shrimp capital Soc Trang increased by 32% in shrimp exports in the first half of the year

Soc Trang is the capital of vannamei shrimp. Mr. Huynh Ngoc Nha - Director of Soc Trang Province's Department of Agriculture and Rural Development - said that out of 30,000 hectares of shrimp farming in this province (the plan is 50,000 hectares), the farming area of vannamei shrimp is up to 30,000 hectares. 23,000ha, black tiger shrimp about 7,000ha, total output is estimated at over 46,000 tons in the first crop of this year. The average yield of whiteleg shrimp is 4.7 tons/ha, black tiger shrimp is 1.7 tons/ha.

In the first 6 months of 2021, Soc Trang's shrimp export turnover reached about 580 million USD, up more than 32%, compared to the same period last year.

According to Mr. Vo Van Chieu - Director of Soc Trang Department of Industry and Trade - this province has about 10 large enterprises, processing and exporting seafood. Enterprises in this province are constantly expanding their scale, investing in modern equipment to export goods to fastidious markets such as the US, Japan, Europe, etc., which are expected to exceed US$1 billion this year.

Mr. Ho Quoc Luc - Chairman of the Board of Directors of Sao Ta Food Joint Stock Company - said that most of the shrimp processing factories for export in Soc Trang had high growth over the same period. In Sao Ta alone, in the first six months of the year, this sales of shrimp exports reached US$100 million, an increase of over 35% over the same period. It is expected that by the end of 2021, it will reach about 200 million USD.

For the whole country, according to the Vietnam Association of Seafood Exporters and Producers (VASEP), in the first half of 2020, domestic enterprises exported 1.7 billion USD of shrimp, up 13% compared to 2020. Vannamei shrimp continued to export. accounted for the overwhelming amount, with 1.3 billion USD, accounting for 73%, black tiger shrimp ranked second with 257 million USD, down 10%, and processed shrimp reached 154 million USD, down 16%.

In 2020, Vietnamese shrimp enterprises exported 3.7 billion USD, up 11% compared to the previous year. Of this, Soc Trang contributed USD 823 million, up 24.5% compared to 2019.

The FTAs ​​that Vietnam signed have come into effect, promoting shrimp and other seafood industries to gain competitive advantages from taxes. From August 2020, the free trade agreement between Vietnam and the EU took effect. In February 2021, the US also officially lifted anti-dumping duties on a number of large Vietnamese shrimp enterprises. More importantly, import demand from key markets such as the US, Japan, Korea, Germany... has recovered.

Dr. Tran Huu Hiep said that the Mekong Delta region has formed a cluster of seafood processing factories with modern technology and a good market. A number of large national and international enterprises such as Minh Phu Seafood Corporation, Viet Uc, Sao Ta contribute most to shrimp export turnover, putting Vietnam in the group of 3 leading exporting countries. accounting for 15% market share of shrimp products in the world. Particularly in the processed shrimp segment, Vietnam ranks first, accounting for 28% of the total shrimp export value in the world.