The US is the largest importer of Indian seafood in value terms because a major chunk of imports by the US is high- value items such as shrimp. However, India’s seafood export there was hit badly after the US imposed a 10.17 per cent antidumping duty in 2005.

According to Ho Chi Minh City Sub-Department

Mr. Pham Van Tinh Deputy Director

(vasep.com.vn) Some seafood enterprises in Ca Mau province are running under their capacity due to lack of raw material for processing.

In 2009 the aquaculture area in Southern

(vasep.com.vn) Amid current headwinds of global economies, particularly Vietnam’s three main markets such as the U.S., Japan, and EU, a major economy in Asia like South Korea which has high demand in seafood will become an attractive destination for Vienam seafood.

Thuan Phuoc Corp’s President and

(vasep.com.vn) In Jan 2012, Vietnam shrimp exports to some key markets such as Japan, the U.S. and EU fell sharply from 12.2 percent to 16.3 percent on that of the same period of 2011. Shrimp exports to China (including Hong Kong), Canada or Taiwan also reduced. In contrast, Australia emerges as a potential market of Vietnam shrimp which marked a positive growth in Jan 2012.