Vietnam Shrimp Exports expected to reach 3.1 billion USD this year
Major export markets saw a quite high growth (except for Japan down 4.2%) like China (up 30.3%), the US (up 15.2%), the EU (up 6.9%) and the Republic of Korea (up 12.3%). Meanwhile, exports to small markets dropped by 0.5-27.6%. Through September, shrimp consumption was more favourable than previously thanks to high demands from the US and EU markets in the context of global supply decline.
Illustration Photo: Workers at a seafood processing factory in Can Tho province in Southern Viet Nam (Credit: ILO in Asia and the Pacific/Flickr CC BY-NC-ND 2.0) https://adalidda.net/posts/H8CvsTrKxax5uCbYN/vietnam-shrimp-exports-expected-to-reach-3-1-billion-usd