Viet Nam becomes world’s second largest shrimp exporter

The news was released at a forum on connecting production, processing and exporting brackish water shrimps in Viet Nam, organized recently by the Ministry of Agriculture and Rural Development (MARD) in Ho Chi Minh City.

According to the General Department of Fisheries under the MARD, during the past two decades, the shrimp industry has played an important role in the nation’s seafood exports.

Vietnamese shrimp has been so far exported to around 100 countries and territories globally, with five major markets, including Europe, the U.S., Japan, China and the Republic of Korea.

The shrimp industry annually contributes US$ 3.5-4 billion or about 40-45 percent of the country's total seafood export turnover.

Last year's shrimp export turnover hit a record high of US$4.3 billion, representing a year-on-yer increase of 11.2 percent. 

In particular, the shrimp industry has created more than 3 million jobs.

The total average annual shrimp farming area of Viet Nam in the 2018-2022 period was about 714,000 hectares, with an average annual shrimp production ranging between 745,000 and 930,000 tons.

In the second half of 2023, the shrimp industry will focus on maintaining farming areas, and increasing additional harvested areas as planned, with the output target of 563,000 tons.

Source: VGP