Business

Shrimp export up nearly 16 pct in first half

Vietnam earned 1.56 billion USD from shrimp exports in the first half of this year, up 15.7 percent annually, according to the Vietnam Association of Seafood Exporters and Processors (VASEP).
Shrimp export up nearly 16 pct in first half ảnh 1Illustrative image (Source: VNA)
HCM City (VNA) – Vietnam earned1.56 billion USD from shrimp exports in the first half of this year, up 15.7percent annually, according to the Vietnam Association of Seafood Exporters andProcessors (VASEP). 

Of the figure, white leg shrimp exportearnings were estimated at nearly 955 million USD, up 20.4 percent while tigerprawn export revenue hit 421 million USD, down 5.3 percent.

The growth of shrimp exports pushed totalvalue of fisheries shipments to 3.6 billion USD in the six months, a 14.6percent increase.

According to exporters, Japan has replacedthe US as the leading importer of Vietnamese shrimp thanks to high demand andimproved quality. Other major markets include the US, the European Union andthe Republic of Korea.

Shrimp export is forecast to keep growing inthe second half of the year, especially during Christmas and New Year holidays.

VASEP forecasts that shrimp export valuewill increase 9 percent to 3.4 billion USD this year.-VNA
VNA
#shrimp exports#Vietnam Association of Seafood Exporters and Processors#VASEP#fisheries shipments#white leg shrimp
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