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    Home > Food News > Food Articles > Vietnamese shrimp exporters plan to intensify trade recovery to China market

    Vietnamese shrimp exporters plan to intensify trade recovery to China market

    • Last Update: 2022-04-18
    • Source: Internet
    • Author: User
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    From SeafoodMedia on March 15, Vietnam’s seafood exports in February this year amounted to US$637,839, a year-on-year decrease of 26.
    9%.
    The cumulative export value in the first two months was about US$1.
    5 billion, but a year-on-year increase of 50.
    2%
    .
    China remains Vietnam's largest export market, but this year's export recovery is not expected to be enough to confirm steady growth in Vietnam's seafood exports
    .
     
    From January 1 to February 15 this year, Vietnam’s seafood export value was 1.
    074 billion US dollars, a year-on-year increase of 34.
    2%, of which shrimp exports were 385 million US dollars, a year-on-year increase of 31.
    7%, and the export value to China’s single market was 22.
    98 million US dollars , a year-on-year decrease of 7.
    45%
    .
     
    China is the sixth largest export market for Vietnam’s shrimp, accounting for 6%.
    Despite the decline in export earnings at the beginning of this year, the Vietnam Association of Producers and Exporters (VASEP) expects that Vietnam’s shrimp exports to China will recover this year despite the continued decline last year.

    .
     
      VASEP said that in the first two months of this year, the export revenue of Vietnamese shrimp to China showed a decreasing trend, but the rate of decline was slowing.
    As China began to relax strict import controls, it is expected that exports to China are expected to recover further this year
    .
     
      China is expected to significantly increase its shrimp imports in 2022, especially as Ecuador plans to return to the Chinese market and regain its share of the market following reduced supplies to China in 2020 and 2021 due to the detection of the new coronavirus on product packaging
    .
     
      Vietnamese shrimp is the fourth largest supplier to China, after Ecuador, India and Thailand
    .
    In 2021, affected by the new crown epidemic, China will strictly control imported food.
    During the period, it will also suspend the import of some products from India, Ecuador and other Asian companies, while encouraging and stimulating the production and consumption of domestic seafood
    .

     
      Vietnam strictly controls the hygiene and disinfection standards of export products, especially during the loading and unloading stage, and tries to avoid the shipment of goods that may be marked as related to the new crown epidemic
    .
    VASEP believes that China is still an export market that cannot be underestimated
    .

    Seafood exports to China
     
      From January 1 to February 15 this year, Vietnam’s seafood export value was 1.
    074 billion US dollars, a year-on-year increase of 34.
    2%, of which shrimp exports were 385 million US dollars, a year-on-year increase of 31.
    7%, and the export value to China’s single market was 22.
    98 million US dollars , a year-on-year decrease of 7.
    45%
    .
     
      China is the sixth largest export market for Vietnam’s shrimp, accounting for 6%.
    Despite the decline in export earnings at the beginning of this year, the Vietnam Association of Producers and Exporters (VASEP) expects that Vietnam’s shrimp exports to China will recover this year despite the continued decline last year.

    .
     
      VASEP said that in the first two months of this year, the export revenue of Vietnamese shrimp to China showed a decreasing trend, but the rate of decline was slowing.
    As China began to relax strict import controls, it is expected that exports to China are expected to recover further this year
    .
     
      China is expected to significantly increase its shrimp imports in 2022, especially as Ecuador plans to return to the Chinese market and regain its share of the market following reduced supplies to China in 2020 and 2021 due to the detection of the new coronavirus on product packaging
    .
     
      Vietnamese shrimp is the fourth largest supplier to China, after Ecuador, India and Thailand
    .
    In 2021, affected by the new crown epidemic, China will strictly control imported food.
    During the period, it will also suspend the import of some products from India, Ecuador and other Asian companies, while encouraging and stimulating the production and consumption of domestic seafood
    .

     
      Vietnam strictly controls the hygiene and disinfection standards of export products, especially during the loading and unloading stage, and tries to avoid the shipment of goods that may be marked as related to the new crown epidemic
    .
    VASEP believes that China is still an export market that cannot be underestimated
    .

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