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Exported to the United States, China, Japan, and the European Union
In the first seven months of this year, Vietnam's shrimp exports totaled US$2.
65 billion, an increase of 22% year-on-year, while exports achieved double-digit growth in the first five months, which began to decline slightly in June and further increased in
July.
65 billion, an increase of 22% year-on-year, while exports achieved double-digit growth in the first five months, which began to decline slightly in June and further increased in
July.
Vietnamese shrimp exports to the United States began to slow down in May, fell by 36% in June, and fell sharply by 54% in July, and Vietnamese shrimp exports to the United States totaled US$550 million in the first seven months of this year, a year-on-year decrease of 6%, and it is expected that Vietnamese shrimp will still face downward pressure
in the US market in the second half of this year.
in the US market in the second half of this year.
Vietnamese shrimp exports to China fell 17% to US$38 million in July after strong growth in the first six months of this year, and in the first seven months of this year, Vietnamese shrimp exports to China reached US$371 million, up 64%
year-on-year.
year-on-year.
Thanks to the free trade agreement signed with the EU, Vietnamese shrimp exports to the EU market increased by 16% in July compared with the same period; Vietnamese shrimp exports to Japan and South Korea continued to grow steadily by 5% and 22%
respectively in July.
respectively in July.
