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October 29, 2014

Vietnam

Shrimp Farming Statistics, First Nine Months of 2014

 

In the first nine months of 2014, Vietnam shrimp exports were $2.93 billion, up 42.3%, compared to the same period in 2013.

 

Shrimp exports to Japan began to recover after the sharp decline in the second quarter that resulted from antibiotic residues in Vietnamese shrimp.

 

Shrimp exports to the European Union (EU) continued to increase in the third quarter of 2014.  In the first nine months of 2014, shrimp exports to Germany, the largest shrimp market in the EU, rose 63.8%, compared to the same period in 2013, and those to Netherlands increased by 256%.

 

Shrimp exports to many other countries also showed increases, particularly South Korea, up 84.4%, and Australia, up 32.7%.

 

In the first nine months of 2014, the shrimp farming area of the country reached 663,000 hectares, up more than 5%, compared to the same period last year.  Total production reached 395,000 metric tons, representing a year-on-year increase of 50%.  Nguyen Quang Huy, Vice Chairman of the My Thanh Shrimp Association of the Mekong Delta, said in order to get the above results, Vietnam had to quickly implement effective solutions to control shrimp diseases.  According to Vietnam Association of Seafood Entrepreneurs, shrimp exports in 2014 will likely exceed $3.5 billion—if diseases are controlled and current markets remain strong.

 

Sources: 1. Vietnam Association of Seafood Entrepreneurs (VASEP) Website.  Shrimp Exports Hit Nearly US$3 Billion in 9 Months.  Thu Trang.  October 29, 2014.  2. Seafood.com (an online, subscription-based, fisheries news service).  Editor and Publisher, John Sackton (phone 1-781-861-1441, email jsackton@seafood.com).  Vietnam Expands Shrimp Hectares 5%, Says Production Reached 395,000 Tons Through 3 Quarters of 2014.  October 29, 2014.

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