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Shrimp exports show recovery sign
Shrimp exports increased sharply recently after a several month decline which started in early 2009, according to the Viet Nam Association of Seafood Exporters and Processors.
In June, the country exported 19,000 tonnes of shrimp, earning US$148 million. Those figures increased 13.5 per cent in volume and 3.9 per cent in value compared with the same period of last year.
The increase in volume pushed the total export volume of shrimp up by 1.8 per cent to 72,288 tonnes in the first half of this year compared with the same period of last year, the association said.
However, the value of the total exports in the first six months of 2009 fell slightly by 4.7 per cent to $589.2 million in that same time period.
VASEP expected the situation for Vietnamese seafood exporters to be brighter in coming months due to a resumption of demand for seafood in the EU and the US, key export markets for Vietnamese shrimp.
Shrimp exports to the EU in June increased sharply by 65 per cent in volume to 3,728 tonnes and 48.6 per cent in value to $24.4 million.
After three months of decline in shrimp exports from Viet Nam to the US due to the global economic crisis, exports to that market picked up in April and experienced a double-digit growth rate by the end of June.
In the first six months of the year, Viet Nam exported 15,191 tonnes of shrimp to the US, earning $147.3 million, an increase of 18.3 per cent in volume and 2.1 per cent in value over the same period of last year.
China has become a key market for Vietnamese shrimp with volume exported there increasing at a high rate from early this year till now.
vietnamnews
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