UK tops importers of Vietnam’s prawn in EU in 2016
The United Kingdom was the largest importer of Vietnam’s prawns in the European Union (EU) in 2016, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Prawns are processed in a factory in Vietnam. The UK topped importers of Vietnamese prawns in the EU last year. (Photo: VNA)
Hanoi (VNA) – The United Kingdomwas the largest importer of Vietnam’s prawns in the European Union (EU) in2016, according to the Vietnam Association of Seafood Exporters and Producers(VASEP).
After strong growth throughout 2015 and thefirst three quarters of 2016, shrimp exports to the UK in the last quarter of2016 fell by 3.9 percent. Despite that, exports rose by 4.2 percent for theentire year.
In early 2017, Vietnamese shrimp shipmentsto this market grew well in January and February before declining in March.However, they rebounded in the next two months with year-on-year jumps of 62percent and 150 percent, respectively.
Total prawn exports to the UK hit nearly 59million USD in the first five months of 2017, an increase of 34 percent fromthe same period last year.
The growth was largely due to the UK’s highdemand for warm-water shrimp thanks to reasonable prices and a drop in suppliesof cold-water shrimp, VASEP said, predicting the continued expansion of shrimpexports to the UK in the rest of this year.-VNA
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