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, according to the International Trade Center.
Specifically, in the first seven months of this year, Vietnam's footwear exports to Australia increased by 51% year-on-year, while shrimp imports from Thailand and China declined
.
The main reason is that China's implementation of the "zero new crown" policy has caused many difficulties in China's shrimp production and export; Australian consumers like to process shrimp products, but Thai shrimp processing is not as good as Vietnam
.
.
The main reason is that China's implementation of the "zero new crown" policy has caused many difficulties in China's shrimp production and export; Australian consumers like to process shrimp products, but Thai shrimp processing is not as good as Vietnam
.
As Australian consumers love processed shrimp, processed shrimp products account for 40%
of Vietnam's shrimp exports to Australia.
of Vietnam's shrimp exports to Australia.
As of October 15 this year, Vietnam's shrimp exports to Australia reached nearly US$214 million, an increase of 62% over the same period in 2021, according to the Shrimp Farmer's website, the highest growth in Vietnam's main import market
.
.
Australia is the second largest import market for Vietnamese shrimp in the CPPP market, accounting for 21%
of Vietnam's total shrimp exports to the region.
Australia is also the fifth largest import market for Vietnamese shrimp in the world, accounting for 6%.
In the first nine months of this year, Vietnam's shrimp exports to Australia maintained double-digit growth
compared with last year.
(End)
of Vietnam's total shrimp exports to the region.
Australia is also the fifth largest import market for Vietnamese shrimp in the world, accounting for 6%.
In the first nine months of this year, Vietnam's shrimp exports to Australia maintained double-digit growth
compared with last year.
(End)
