Vietnam’s shrimp exports to the US increased 21% in the first 5 months of 2022
MEKSEA.COM – According to the Vietnam Association of Seafood Exporters and Producers (VASEP), accumulated in the first 5 months of 2022, Vietnam’s shrimp exports to the US reached 1.9 billion USD, up 41% over the same period last year.
Specifically, in May Vietnam’s shrimp exports to the US reached 99 million USD, up 2.8% over the same period last year. Previously, shrimp exports to this market in the first 4 months of the year witnessed a growth rate ranging from 25% to 61% over the same period in 2021. Accumulated in the first 5 months of this year, shrimp exports to the US reached 390 million USD, up 21% over the same period last year.
In the first months of 2022, the average US shrimp import price increased sharply compared to the same period in 2021. In April 2022, the US shrimp import price reached 10.38 USD/kg, up 1.47 USD/kg over the same period last year. In 2021. In which, the price of shrimp imports from Vietnam is 11.46 USD/kg, an increase of 1.29 USD/kg because it mainly imports black tiger shrimp, large and medium-sized vannamei shrimp, and imported shrimp from Vietnam. Nam has a higher processing content than shrimp from other supplying markets.
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Translated by Hayati (Meksea Team)
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