Vietnam shrimp exports show sharp rise

VIETNAM’S shrimp exports in the first half of this year rose by 15.7 per cent year-onyear to US$0.56 billion, thanks to declining supply sources from other shrimp exporting countries.

Of the total, white legged shrimp made up $955 million, a rise of 20.4 per cent, while black tiger shrimp fell by 5.3 per cent to $421 million, the Vietnam Association of Seafood Exporters and Producers (VASEP) reported. The country’s shrimp exports rose sharply in the second quarter, although they declined in the first quarter due to a shortage of raw materials in the domestic market.