May 2, 2024 | 21:04 GMT +7
Hotline: 0913.378.918
May 2, 2024 | 21:04 GMT +7
Hotline: 0913.378.918
Shrimp exports in the first quarter increased strongly in all major markets. Photo: TL.
According to the Vietnam Association of Seafood Exporters and Producers (VASEP), shrimp export in the first quarter increased by 44% over the same period last year and reached $955 million.
In the first three months of this year, Vietnam's shrimp exports to major markets recorded a two-digit growth. The US continues to be the largest market for Vietnamese shrimp. In the first quarter, shrimp export value to this market reached nearly $195 million, up 45% over the same period.
The EU is the second-largest market for Vietnamese shrimp. Shrimp exports to the EU in the first quarter of this year reached over $159 million, up 66% over the same period last year. In which, exports to three main single markets in the bloc, including the Netherlands, Germany and Belgium, increased by 77%, 59% and 82%, respectively.
Vietnamese shrimp export to China in the first quarter reached over $106 million, up 70% over the same period. This is a promising signal for shrimp export to this market after a quiet 2021.
Translated by Hoang Duy
(VAN) In the first quarter of 2024, Vietnam surpassed Japan, moving from the position of the 6th largest seafood exporting partner to Singapore to the 5th position for the first time.
(VAN) Export turnover is estimated to reach 123.64 billion USD in the first four months of 2024, marking an increase of 15% compared to 2023. Notably, agricultural exports constituted over 13.64 billion USD.
(VAN) Vietnam's vegetable and fruit exports exceeded 1 billion USD for the first time at the start of the year.
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(VAN) Ecuadorian shrimp imported into China is subject to increased inspection for sulfite residue, creating an opportunity for Vietnamese shrimp to increase exports to this market.
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(VAN) Digital transformation will help export wood processing businesses reduce costs by 10%, grow by 10–20% in revenue, and increase labor productivity by more than 20%.
(VAN) Nearly 30 countries worldwide have imported substantial volumes of rice from Vietnam, with one country importing over one million tons valued at hundreds of millions of USD.
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(VAN) The biggest obstacle to developing large timber forests is the worry of forests being destroyed by natural disasters due to the prolonged exploitation cycle. Insured planted forests have created a driving force for development.
