Shrimp exports set to hit over US$4 billion this year
Vietnamese shrimp exports are poised to rake in more than US$4 billion in 2022, representing an annual rise of 2.56%, according to reports discussed at a conference held on March 11.
Local shrimp exports enjoy vigorous growth in second quarter
Vietnamese shrimp exports during the second quarter of the year are anticipated to increase by more than 20% in comparison to the same period from last year, with export value in several major markets witnessing positive growth.
Shrimp exports may exceed 4 billion USD this year
Positive signs have been seen in shrimp exports since the beginning of this year and alongside a host of favourable conditions regarding market demand, the target of earning 4 billion USD from exports has been deemed “within reach”.
Vietnam’s shrimp exports forecast to reach 3.8 billion USD in 2020
Shrimp exports are expected to hit 3.8 billion USD, instead of the previous forecast of 3.5 billion USD, thanks to positive signs amid the COVID-19 outbreak, according to the Vietnam Association Seafood Exporters and Producers (VASEP).
Shrimp exports set to capitalise on EVFTA opportunities
With the European Union – Vietnam Free Trade Agreement (EVFTA) to be officially signed on June 30, a wealth of opportunities are expected to open up for agricultural and seafood products, with shrimp exports to the European market in particular poised to receive a boost, according to the Ministry of Industry and Trade.
VKFTA gives boost to shrimp exports to RoK
With the Vietnam-Korea Free Trade Agreement coming into effect in late 2015, the nation’s shrimp exports to the Republic of Korea have increased from US$285 million to US$386 million from 2016 to 2018, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Shrimp exports tumble in 2018
Vietnam Economic Times has cited a recent report by the Vietnam Association of Seafood Exporters and Producers (VASEP) as saying that shrimp exports in 2018 fell by 7.8% against 2017, failing to reach the target set for the year.