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    Home > Food News > Food Articles > Vietnam's shrimp exports will reach 3.9 billion U.S. dollars in 2021

    Vietnam's shrimp exports will reach 3.9 billion U.S. dollars in 2021

    • Last Update: 2021-12-24
    • Source: Internet
    • Author: User
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    (People's Daily) According to Li Heng, deputy director of the VASEP.
    PRO Center of the Vietnam Aquatic Products Processing and Export Association, it is estimated that Vietnam’s shrimp exports will reach nearly 3.
    9 billion U.
    S.
    dollars in 2021 , a year-on-year increase of 4%
    .
     
    In November 2021, Vietnam's shrimp exports exceeded 367 million U.
    S.
    dollars, and the cumulative total of shrimp exports in the first November exceeded 3.
    5 billion U.
    S.
    dollars, a year-on-year increase of 3.
    4%
    .
     
    At present, Vietnam’s shrimp exports account for 50% of the total aquatic product exports, making it one of the industries with the strongest growth
    .
     
      The United States, the European Union and Australia are the strongest markets for Vietnam's shrimp export growth
    .
     
      According to reports, the United States is Vietnam’s largest shrimp import market, accounting for 28% of Vietnam’s total shrimp exports, and the market’s growth rate has reached nearly 22%
    .
    The market share of Vietnamese shrimp in the US is 12%
    .

     
      The second largest market is Japan, which accounts for 15% of Vietnam’s total shrimp exports
    .
    In addition, European countries such as Germany, the Netherlands, and Belgium are also the main export markets for Vietnam's shrimp
    .

     
      However, Vietnamese shrimp exports to the Chinese market continue to decline
    .
    The main reason is that the country has implemented strict epidemic prevention and control regulations at air, sea and border ports
    .
    So far, Vietnam’s shrimp exports to China have fallen by more than 24% to just over US$375 million
    .
     
      The shrimp industry in Vietnam has market share and quality advantages.
    The shrimp quality is stable and the product variety is abundant, which can satisfy all market segments of the import market
    .
    (Finish)

    Aquatic products for export shrimp
     
      In November 2021, Vietnam's shrimp exports exceeded 367 million U.
    S.
    dollars, and the cumulative total of shrimp exports in the first November exceeded 3.
    5 billion U.
    S.
    dollars, a year-on-year increase of 3.
    4%
    .
     
      At present, Vietnam’s shrimp exports account for 50% of the total aquatic product exports, making it one of the industries with the strongest growth
    .
     
      The United States, the European Union and Australia are the strongest markets for Vietnam's shrimp export growth
    .
     
      According to reports, the United States is Vietnam’s largest shrimp import market, accounting for 28% of Vietnam’s total shrimp exports, and the market’s growth rate has reached nearly 22%
    .
    The market share of Vietnamese shrimp in the US is 12%
    .

     
      The second largest market is Japan, which accounts for 15% of Vietnam’s total shrimp exports
    .
    In addition, European countries such as Germany, the Netherlands, and Belgium are also the main export markets for Vietnam's shrimp
    .

     
      However, Vietnamese shrimp exports to the Chinese market continue to decline
    .
    The main reason is that the country has implemented strict epidemic prevention and control regulations at air, sea and border ports
    .
    So far, Vietnam’s shrimp exports to China have fallen by more than 24% to just over US$375 million
    .
     
      The shrimp industry in Vietnam has market share and quality advantages.
    The shrimp quality is stable and the product variety is abundant, which can satisfy all market segments of the import market
    .
    (Finish)
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