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Home International Customs

Vietnam’s shrimp exports grow in first 2 months of 2016

byCT Report
22/04/2016
in International Customs, Vietnam
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HANOI: Vietnam experienced a growth in shrimp exports in early 2016 following a decline in 2015, the Vietnam Association of Seafood Exporters and Producers said in a release. In January 2016, shrimp exports earned $227.4 million, up 10% from the same time last year. In February 2016 shrimp exports earned $151m, a 6.1% increase from February 2015. Exports to the US an China increased over 36%, while other major markets decreased slightly (the EU -1.8%; Japan -2.4%; Korea -0.6%; Canada -17.3%; ASEAN -2.5%).

The US remained the biggest buyer, followed by China and Hong Kong, which had previously been the fourth largest buyer. In particular, vannamei shrimp accounted for 56.1%; black tiger shrimp accounted for 35.8% and other marine shrimp accounted for 8.1% of the total shrimp exports of Vietnam.

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