 |
| Shrimp processing for export__Photo: VNA |
Vietnam's shrimp export turnover is estimated at nearly USD 2.8 billion in the first nine months of this year – the highest among aquatic products, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
The figure represented a surge of 10.5 percent compared to that of the same period last year, the association reported.
While frozen shrimp exports faced competition from Ecuador and India, processed shrimp maintained a strong market position. Overseas shipments of processed white-leg shrimp grew by nearly 10 percent, while frozen white-leg shrimp rose 4.5 percent.
Shipments to several major markets posted positive results. As of September 15, shrimp exports to the US reached USD 516 million, to the EU USD 337 million, to China and Hong Kong (China) USD 529 million, up 8 percent, 15 percent and 26 percent year-on-year, respectively.
VASEP forecast Vietnam is likely to rake in nearly USD 4 billion from shrimp exports this year.- (VNA/VLLF)
