Vietnam’s shrimp exports to China surge 30 percent in first half

Vietnam’s shrimp exports to China reached 282.9 million USD in January-June, representing a year-on-year rise of 30 percent, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Vietnam’s shrimp exports to China surge 30 percent in first half ảnh 1Processing shrimp for exports (Illustrative image. Source: VNA)
HCM City (VNA) – Vietnam’s shrimpexports to China reached 282.9 million USD in January-June, representing ayear-on-year rise of 30 percent, according to the Vietnam Association ofSeafood Exporters and Producers (VASEP).

The association forecast furthergrowth in shrimp export to China, a key market for many Vietnamese shrimpexporters, this year.

According to VASEP, the market holds numerous opportunities for Vietnamese seafoodbusinesses, as it has a large population and big demand.

In addition, China importsshrimps for not only domestic consumption but also export to other countries.

However, VASEP noted some difficulties facingVietnamese exporters as China requires processing plants to have Chinese–grantedcodes and be included in a list of exporters approved by China in order toexport their products to the market.

At the same time, the Chinesemarket has continuously raised requirements for product quality over recentyears. 

The VASEP suggested Vietnamese enterprises focuson improving the quality of products to make inroads in the market.

China is now the fourthbiggest importer of Vietnam’s aquatic products, after the US, EU and Japan.-VNA

VNA

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