Vietnam’s shrimp export rises slightly in 9 months
Vietnam’s shrimp export turnover hit 2.8 billion USD in the first nine months of 2021, up 2.7 percent year-on-year, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported.
Hanoi (VNA) - Vietnam’s shrimp export turnover hit 2.8 billion USD in thefirst nine months of 2021, up 2.7 percent year-on-year, the Vietnam Association of Seafood Exportersand Producers (VASEP) reported.
The US remained the biggest buyer ofVietnamese shrimpproducts in the reviewed period, with 775 million USD in export value, 22.2percent higher than that of the same period last year. Vietnam is the fourth largest shrimp supplier in volume and the fifth in value for the US market.
It was followed by Japan, the European Union (EU), Hong Kong (China) and theRepublic of Korea (RoK) with respective values of 413 million USD, 408 millionUSD, 298 million USD and 261 million USD.
White-leg shrimp is the main export product of Vietnam's shrimp industry, contributing2.1 billion USD to the total turnover in Jan – September.
According to the Ministry of Industry and Trade’s Import-Export Agency, thanksto great efforts of southern localities to control the COVID-19 pandemic, thecountry’s shrimp export has gradually recovered since October. /.
The Republic of Korea (RoK) is the fifth largest importer of Vietnamese shrimp products, accounting for 10.7 percent of the country’s total shrimp export value.
Vietnam’s shrimp exports are forecast to reach 3.7 billion USD this year, posting an year-on-year increase of 9.8 percent, fuelled by the EU – Vietnam Free Trade Agreement (EVFTA) which facilitated export to the EU markets, according to Vietnam Association of Seafood Exporters and Producers (VASEP).
Export value of aquatic products reached 405 million USD in February, pushing the figure in the first two months of 2021 to over 1 billion USD, up 2.2 percent over the same period last year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).
Seafood exports are expected to fetch 2.1 billion USD in the second quarter, a year-on-year increase of 10 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s shrimp export revenue in June hit nearly 402 million USD, bringing the six-month figure to 1.7 billion USD, up 13 percent year-on-year, reported the Vietnam Association of Seafood Exporters and Producers (VASEP).
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Vietnam’s shrimp export rises slightly in 9 months. - Illustrative image (Photo: VNA) 
