NAM SON SEAFOODS COMPANY LIMITED

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Breakthrough markets for Vietnamese shrimp in the first 2 months of 2021

(vasep.com.vn) Over a year dominated by Covid, the structure of Vietnam's export shrimp market has changed significantly. In the first two months of this year, there were 67 shrimp import markets of Vietnam, compared to the same period last year, there were 63 markets. In particular, there are many markets that have increased imports of Vietnamese shrimp with a breakthrough such as Australia increased 115%, Belgium increased 139%, Russia increased 109%, Chile increased 352%, Cambodia increased 30 times ...

Breakthrough markets for Vietnamese shrimp in the first 2 months of 2021
Shrimp exports to Australia increased sharply
Top 10 shrimp export markets of Vietnam in the first 2 months of this year, apart from countries such as the top 10 years ago (USA, Japan, Korea, Australia, China, Canada, UK, Germany, Hong Kong), has added the Netherlands bond for Singapore, after exports to the Netherlands increased sharply by 27%, while exports to Singapore plunged 97%.

Position in the top 10 shrimp markets has changed by the breakthrough in export value to the US, Australia, Canada, Germany, and the Netherlands (up 14%, 115%, 14%, 20% and respectively). 27%) and the slowdown in Japan, UK, and Hong Kong (down 6%, 75% and 29%, respectively).

Australia is in the top 4 Vietnam shrimp export markets

It is noteworthy that the acceleration of shrimp exports to Australia has brought this market from 10th to top 4, just after the US, Japan and South Korea. In the first two months of 2020, there are 35 companies participating in shrimp export to this market, after 1 year, there are 12 more companies exporting shrimp to Australia. The increase in the number of export enterprises and the increase in export turnover of large companies is the factor that brings positive results for shrimp exports to Australia. In particular, Minh Phu alone accounted for 37% of the total Vietnamese shrimp exports to Australia and sales soared 159% over the same period last year. In addition to Minh Phu, CASES, Agrex Sai Gon, SEAVINA, Quang Minh Seafood, Hai Sang Seafood, O&H LOONG PTY ... in the first two months of this year, there was also Sao Ta Food Joint Stock Company in the top 10 export shrimp exporting enterprises. Australia. Shrimp exports to Australia grew spectacularly mainly thanks to whiteleg shrimp, up 192% and accounting for 92% of the total shrimp export value, while black tiger shrimp exports decreased by 3.7% and only accounted for 1.4% of exports, the rest are other types of shrimp accounted for 6.5%, down 2% of export.

The main shrimp products exported to Australia in the first 2 months of the year include: Fresh white shrimp, peeled, headless, frozen tail, frozen fresh white shrimp, PD shrimp / steamed / boiled frozen Frozen breaded white leg shrimp, other processed shrimp (dumpling, dumpling, spring roll, seasoned shrimp and meat ...), fresh, frozen shrimp ... Notably in addition to traditional products, 2 months At the beginning of this year, Australia imported many dried shrimp from Vietnam (worth 8.1 million USD), while the same period last year, this market did not import dried shrimp.

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