Trading

25 July, 2021

Shrimp exports in the last 6 months of the year will increase again

VASEP forecasts shrimp exports from now until the end of the year will increase again, reaching over 4 billion USD this year.

Currently, the domestic Covid-19 epidemic is affecting shrimp exports.
At a conference to discuss solutions to develop the shrimp industry and implement the Prime Minister’s decision on approving the Vietnam Fisheries Development Strategy to 2030, with a vision to 2045 organized online by the Ministry of Agriculture and Rural Development on July 16, Mr. Nguyen Hoai Nam, Deputy General Secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), said that if the Covid-19 epidemic in many countries is contained, the demand for food, including seafood, will be curbed. increased sharply, especially in large markets such as the European Union, the US, Japan, China and Korea. In particular, VASEP forecasts shrimp exports from now until the end of the year will increase again, reaching over 4 billion USD this year.

According to Mr. Nam, the current Covid-19 epidemic in the country is affecting shrimp exports. VASEP set a scenario, if in the next 2 months, Vietnam can control the epidemic, shrimp exports according to market demand will grow by 12%, then shrimp exports for the whole year will reach 4.2 billion USD. In the second scenario, the Covid-19 epidemic lasts until the end of this year but is controlled in key shrimp farming provinces, exports will only increase by about 9%, the export value of the whole year will reach about 4.2 billion USD.

Nguyen Van Long, Deputy Director of the Department of Animal Health (Ministry of Agriculture and Rural Development), said that according to the national plan approved by the Prime Minister, for sustainable development, Vietnam’s shrimp industry aims to control diseases well. in the country, preventing new pathogens from entering Vietnam from abroad. In addition, Vietnam must prove to importing countries that shrimp and aquatic products are safe for some diseases such as yellow head disease, strange algae or diseases that have been spreading in many countries due to DIV1 virus. . According to Mr. Long, the veterinary industry aims to control these diseases in the next 10 years, and then, exported shrimp products will not face difficulties because of technical barriers when exporting.

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