Vietnamese shirmp sells well in US, China despite COVID-19 Vietnam’s shrimp exports to the United States and China witnessed a gradual increase during the first six months of the year despite the negative impact of the novel coronavirus (COVID-19) pandemic. According to figures released by the Vietnam Association of Seafood Exporters and Producers (VASEP), Vietnamese shrimp exports reached US$1.5 billion during the past six months, an increase of 5.7% from the same period last year. These statistics can be viewed extremely positively as the COVID-19 epidemic is still developing in a complicated manner in a number of major markets across the world. Moreover, the export of shrimp to the US and China is likely to continue growing during the final months of the year. The export value to the US between January and June saw a rise of 29% to reach US$323.3 million. Indeed, the US remained the largest import market for local shrimp, making up 21.2% of the country’s total export value. Vietnam’s efforts to combat the COVID-19 pandemic has allowed its shrimp to become more competitive within the US market. Most notably, recent months have seen Vietnamese shrimp exporters overtake their competitors from India and Ecuador, largely due to… Read full this story
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