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Price of Vietnamese shrimp exports to US fall

by VTV420 November 2015 Last updated at 14:20 PM

VTV.vn - According to the Vietnam Association of Seafood exporters and producers (VASEP), the average price of Vietnamese shrimp exports to the US decreased by 20% compared with the same period in 2014, from 11.79 USD to 9.42 USD per kg.

Currencies of competitors such as India, Indonesia, Ecuador, and China have devaluated  by 20-to-30%, while the Vietnamese dong only fell slightly. According to VASEP, Vietnam's shrimp exports to the US in the last months of the year are expected to rise thanks to results of anti-dumping tax POR9 and the end of TPP negotiations. Vietnam is the 5th largest shrimp supplier to the US after India, Indonesia, Thailand and Ecuador.

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