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Vietnam’s shrimp exports grow

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While Vietnam’s exports of shrimp thjroughout the world rose in the first seven months of 2017, it is not shipping as much to the United States, mainly due to an increase in duties.

The U.S. used to be the top export market for Vietnam’s shrimp in 2016, but it is now ranked fourth, behind Japan, the European Union and China, according to a report from Vietnam Association of Seafood Exporters and Producers.

They say that an increase in U.S. anti-dumping duties is to blame for the decline. Vietnam’s shrimp exports soared 18.5 percent to USD 1.9 billion (EUR 1.6 billion) in the first seven months of 2017.
Japan is now the top importer of Vietnamese shrimp, importing USD 383.8 million (EUR 321 million) so far this year, while the EU imported USD 380.6 million (EUR 319 million) and China imported USD 348.4 million (EUR 292 million).