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Vietnam expects to export more shrimp to China

by VTV424 March 2019 Last updated at 22:00 PM

VTV.vn - Vietnamese shrimp enterprises are expected to sign more contracts with China now that the world's 6th largest shrimp importer is focusing on official import channels.

According to the Vietnam Association of Seafood Exporters and Producers or VASEP, Vietnam only earned around 492 million USD from shrimp exports to China last year, down 28% from the previous year. The total value of shrimp exports to China only accounted for 14% of the sector's total value.

However, the Chinese market has recently witnessed several changes thanks to its activities against smuggling.

As a result, insiders have forecast that it would have a big demand for Vietnamese shrimp this year. Vietnam currently ranks sixth on the list of main shrimp exporters to China .

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