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    Home > Food News > Food Articles > Vietnam's shrimp industry is optimistic about the export trade in the fourth quarter of this year

    Vietnam's shrimp industry is optimistic about the export trade in the fourth quarter of this year

    • Last Update: 2021-09-28
    • Source: Internet
    • Author: User
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    From SeafoodNews September 13 news, the Vietnamese seafood export business and Manufacturers Association (VASEP) said that in the first seven months of 2021, Vietnam's shrimp exports reached $ 2.
    2 billion, up 14% over last year
    .
    Among them, shrimp exports to the United States reached 584.
    6 million U.
    S.
    dollars, a year-on-year increase of 34%, and shrimp exports to the EU reached 320 million U.
    S.
    dollars, a year-on-year increase of 26%
    .
     
    Many local seafood export companies predict that the European and American markets will have a high demand for imported shrimp by the end of the year
    .
    Minh Phú Seafood Group stated that the company has signed contracts with partners to supply shrimps by the end of this year
    .
    Now, its factories are operating at full capacity, but they still cannot meet customer needs 100%
    .
     
    The export market is in great demand for 10-30 prawns per kilogram
    .
    If fishermen harvest shrimp in November, these shrimp will be exported to European and American markets
    .
    After November, these shrimps will be sold to China, Japan and South Korea
    .
     
    However, the Directorate General of Fisheries stated that domestic shrimp production is facing difficulties
    .
    Shrimp production facilities in the southern region have reduced production by 30%-40% since the beginning of July and by 50% since August 15.
    Some of these factories have temporarily suspended processing operations
    .
     
    Affected by the epidemic, some shrimp processing plants had to suspend operations or implement the "three-site" model, that is, strict management and control during on-site production, dining, and rest periods, which led to a decline in factory capacity and an increase in global shrimp demand.
    At the same time, the domestic shrimp supply chain There is a risk of breakage
    .
     
      The government calls on traders and seafood processing plants to continue to purchase shrimp raw materials.
    When fishermen have difficulty in consumption, they should not force fishermen to sell them at low prices.
    The government also recommends that local governments strengthen measures to encourage fishermen to continue to produce brackish water shrimp
    .
    This will help avoid a shortage of raw materials for processing and export in the last few months of 2021 and next year
    .
    Seafood exports to the U.
    S.
    and EU
     
      Many local seafood export companies predict that the European and American markets will have a high demand for imported shrimp by the end of the year
    .
    Minh Phú Seafood Group stated that the company has signed contracts with partners to supply shrimps by the end of this year
    .
    Now, its factories are operating at full capacity, but they still cannot meet customer needs 100%
    .
     
      The export market is in great demand for 10-30 prawns per kilogram
    .
    If fishermen harvest shrimp in November, these shrimp will be exported to European and American markets
    .
    After November, these shrimps will be sold to China, Japan and South Korea
    .
     
      However, the Directorate General of Fisheries stated that domestic shrimp production is facing difficulties
    .
    Shrimp production facilities in the southern region have reduced production by 30%-40% since the beginning of July and by 50% since August 15.
    Some of these factories have temporarily suspended processing operations
    .
     
      Affected by the epidemic, some shrimp processing plants had to suspend operations or implement the "three-site" model, that is, strict management and control during on-site production, dining, and rest periods, which led to a decline in factory capacity and an increase in global shrimp demand.
    At the same time, the domestic shrimp supply chain There is a risk of breakage
    .
     
      The government calls on traders and seafood processing plants to continue to purchase shrimp raw materials.
    When fishermen have difficulty in consumption, they should not force fishermen to sell them at low prices.
    The government also recommends that local governments strengthen measures to encourage fishermen to continue to produce brackish water shrimp
    .
    This will help avoid a shortage of raw materials for processing and export in the last few months of 2021 and next year
    .
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