Vietnam.- Australia is a potential market of Vietnam thanks to high demand for shrimp. From 2007 to 2011, Vietnam’s shrimp exports to Australia ranged from US$60 to US$86 million.
After 2011, Vietnam’s shrimp exports to this market touched over US$100 million, especially hit a peak of over US$151 million in 2014. However, exports to this market in 2015 and 2016 fell more than 20% compared to those in 2014 as Australia increasingly applied technical measures for shrimp imports into the country.
Australia stayed as the 7th largest importer of Vietnam shrimp, accounting for 3.6% of Vietnam’s shrimp exports to markets. In 2016, Vietnam’s shrimp exports to Australia amounted to US$114.6 million, up 1.4% over 2015. In the first four months of 2017, shrimp exports to the market hit US$28.7 million, up 1.6% over the same period in 2016.
For shrimp items exporting to Australia, shipments of processed shrimp accounted for 78% of Vietnam’s total shrimp exports to this market. In the past five years, Vietnam has always been Australia’s largest supplier of processed shrimp.
Source: VASEP
Editor at the digital magazine AquaHoy. He holds a degree in Aquaculture Biology from the National University of Santa (UNS) and a Master’s degree in Science and Innovation Management from the Polytechnic University of Valencia, with postgraduate diplomas in Business Innovation and Innovation Management. He possesses extensive experience in the aquaculture and fisheries sector, having led the Fisheries Innovation Unit of the National Program for Innovation in Fisheries and Aquaculture (PNIPA). He has served as a senior consultant in technology watch, an innovation project formulator and advisor, and a lecturer at UNS. He is a member of the Peruvian College of Biologists and was recognized by the World Aquaculture Society (WAS) in 2016 for his contribution to aquaculture.
