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Big Increase in Viet Nam Shrimp Exports to China

Lucy Towers
02 December 2013, at 12:00am

VIET NAM - Seafood exports to China from Viet Nam in first 10 months of 2013 totaled US$462 million, up 37 per cent year-on-year.

The shrimp shipment was valued at $310 million, up 50 per cent. In October alone, shrimp exports to China nearly doubled compared to the same month of 2012, reports VASEP.

In first 10 months of 2013, Viet Nam sold seafood to 156 markets. The top 10 largest markets of Viet Nam seafood were the US, EU, Japan, China, South Korea, ASEAN, Australia, Brazil, Mexico, Russia, accounting for 85 per cent of Viet Nam’s total seafood export value, equaling to that of the same time of 2012.

During this time, out of Viet Nam’s total seafood export value, seafood exports to Japan made up 17 per cent, down 0.6 per cent from proportion of 2012, the proportion of seafood exports to EU downed 1.5 per cent, the proportion of South Korea downed 1.2 per cent.

However, the proportion of the US and China rose two per cent and 1.6 per cent, respectively. China overtook South Korea to claim the fourth largest importer of Vietnam seafood. In terms of single markets, China ranked only after the US and Japan.