EU imported more shrimp from Vietnam
EU accounts for 24.4% of Vietnam's total shrimp exports and represents the country's largest importer of shrimp. Shipments to this market reported a significant increase in the first 2 quarters of 2018, but started to decline in the third quarter.
VASEP said that in October this year, shrimp exports to the EU fell sharply by 30.6%, similar to the continuous decrease in three major markets.
However, thanks to good growth in the first 2 quarters, Vietnam shrimp exports to EU market by October this year still increased slightly by 4.4%, reaching US$724.7 million.
The UK, the Netherlands and Germany are the three largest import markets for Vietnamese shrimp in the EU. In the first ten months of this year, shrimp exports to England and Germany increased by 19% and 16% respectively, while exports to the Netherlands fell by 1.4%.
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