Shrimp exports to Australia soar 100%

Shrimp exports to Australia in the first quarter rose to US$20 million, or double the value achieved in the same period last year, according to the Viet Nam Association of Seafood Exporters and Producers.

Following a slow start in January, exports surged in the next two months, making Australia the sixth largest importer of shrimp from Viet Nam.

Most of the exports were processed products.

Last year, processed shrimp products accounted for 82.6 per cent of total shrimp exports to Australia, with sugpo prawn accounting for almost two-thirds of that.

Figures from the International Trade Centre show that Viet Nam has been the largest supplier of processed shrimp products to Australia in the last four years.

Viet Nam exported $436 million worth of the crustacean in the first quarter

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