November 04, 2013 | 16:22 (GMT+7)
Aquaculture exports buoyed by shrimp shipments
Vietnam earned 4.8 billion USD from aquaculture exports during the first three quarters of 2013, up 6.4 percent against the same period last year...
Vietnam earned 4.8 billion USD from aquaculture exports during the first three quarters of 2013, up 6.4 percent against the same period last year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Of the total, shrimp exports top the list with 2 billion USD, almost double the figure of tra fish.
Thanks to the hike of 2-4 USD per kilogram in export price, the monthly average export turnover of shrimp at from January to September enjoyed a surge of from 19-66 percent year-on-year.
The sharp increase was also attributed to a remarkable decrease in supply to the US after the Department of Commerce’s (DOC) final decision on anti-subsidy duties on frozen shrimp imported from seven countries including Vietnam.
Vietnam’s shrimp export turnover is expected to hit 2.5-2.6 billion USD this year, up 12-16 percent on an annual basis.
Source: VNA