Shrimp exports to hit US$3.1 billion this year
Major export markets saw a quite high growth (except Japan down 4.2%) like China (up 30.3%), the US (up 15.2%), the EU (up 6.9%) and the Republic of Korea (up 12.3%). Meanwhile, exports to small markets dropped by 0.5-27.6%.
Through September, shrimp consumption was more favourable than previously thanks to high demands from the US and EU markets in the context of global supply decline.
Demands for shrimp, especially tiger prawn on the US and China markets are jumping high while tiger prawn outputs of major suppliers like India, Bangladesh and Indonesia may dip due to white spot disease on shrimp caused by climate change.
Many households in the Mekong Delta region shifted from raising tiger prawn to whiteleg shrimp as its requires as short breeding time, achieves high productivity and enjoys stable prices. In the first nine months of this year, whiteleg shrimp breeding areas reached 80,000ha (up 6.3%) and its output is estimated at 200,000 tons (up 4.2%) while tiger prawn was farmed on only 594,000 ha (up 0.5%) with an output of 160,000 tons (up 0.6%).
Related News
Why director of Saigon Port Import-Export and Services JSC suspended from exit?
09:56 | 18/05/2024 Anti-Smuggling
Footwear faces concerns about new regulations in export markets
14:39 | 15/05/2024 Import-Export
Positive economic transformations in four months
16:11 | 15/05/2024 Headlines
Latest News
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field
20:14 | 18/05/2024 Import-Export
Exploiting the potential of Dong Nai's largest seaport
20:12 | 18/05/2024 Import-Export
Hanoi calls for investments in six urban areas projects
20:11 | 18/05/2024 Import-Export
The food industry aims to green packaging
09:56 | 18/05/2024 Import-Export
More News
"The key" to growth motivation for enterprises
09:55 | 18/05/2024 Import-Export
Exports of four localities achieve tens of billions of USD
20:26 | 17/05/2024 Import-Export
Rapid greening of the logistics sector to avoid being "eliminated"
20:24 | 17/05/2024 Import-Export
25 out of 28 northern localities report positive industrial production
20:22 | 17/05/2024 Import-Export
Dong Nai remains magnet for foreign investors
20:18 | 17/05/2024 Import-Export
Vietnamese steel affirms position in world market
20:16 | 17/05/2024 Import-Export
Five commodities worth billion dollar exported to China
07:40 | 17/05/2024 Import-Export
Promoting reforms and supporting businesses to spread farther
07:39 | 17/05/2024 Import-Export
Five groups of billion-dollar export commodities to China
09:58 | 16/05/2024 Import-Export
Your care
Focusing on the "readiness" factor waiting for foreign investors in the high-tech field
20:14 | 18/05/2024 Import-Export
Exploiting the potential of Dong Nai's largest seaport
20:12 | 18/05/2024 Import-Export
Hanoi calls for investments in six urban areas projects
20:11 | 18/05/2024 Import-Export
The food industry aims to green packaging
09:56 | 18/05/2024 Import-Export
"The key" to growth motivation for enterprises
09:55 | 18/05/2024 Import-Export