Shrimp exports up 5.7 percent in H1 despite COVID-19
Shrimp exports increased by 5.7 percent year-on-year in January-June to 1.5 billion USD despite the impact of COVID-19, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Hanoi (VNA) – Shrimp exports increasedby 5.7 percent year-on-year in January-June to 1.5 billion USD despite theimpact of COVID-19, according to the Vietnam Association of Seafood Exportersand Producers (VASEP).
In June alone, Vietnam raked in 349.9 millionUSD from selling the product abroad, up 19.2 percent against the same monthlast year. This is the best growth since March 2020 as the pandemic is stillraging worldwide.
Positive growth was seen in Vietnam’s majormarkets – the US and China, while shipments to the Republic of Korea, the UKand Canada recorded two-digit growth.
In the US, Vietnamese shrimp enjoyed acompetitive advantage since the world’s major exporters India and Ecuador aresuffering from heavy impact of COVID-19.
Vietnam is the third largest shrimp producer inthe world. Shrimp is the biggest hard currency earner in the group ofaquaculture products with the annual export turnover of nearly 4 billion USD./.
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Processing shrimp for exports (Photo: VNA) 
