Topic: shrimp

China exceeding the US to become the biggest shrimp importer of Vietnam.

Exports to Japan and China are forecast to recover shortly.

Southernmost province earning export revenue of over $1 billion each year.

Shrimp prices down 40% since April.

With exports of $2.3 billion in the first half of 2022, Vietnam’s shrimp industry is in a position to achieve its export target of $4 billion for the year as a whole. However, difficulties in shrimp farming and reduced production have resulted in shortages of materials at processing facilities.