Shrimp exports surge in first half
Shrimp exports surge in first half
Minh Phu Seafood Joint Stock Corporation (MPC), Viet Nam's biggest exporter of shrimp products, reported exports of 14.98 thousands tonne in the first half of the year worth US$179 million, marking a year-on-year increase of 33.8 and 33.3 per cent in volume and value terms respectively.
Of that, the US was the largest buyer with 32.22 per cent , followed by Japan and South Korea.
The corporation is also looking forward to developing the market in China. Its export turnover this year is estimated to reach $1.1 million.
Shrimp material prices in the Mekong Delta have fallen by VND30,000 - 40,000 ($1.4 - 2) to VND130,000 - 150,000 a kilogramme, according to the Viet Nam Association of Seafood Exporters and Producers (VASEP), and demand is decreasing.
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