China Spends Over $1 Billion on Shrimp Imports from Vietnam in Jan-Oct
China has become Vietnam’s largest shrimp buyer, with more than US$1.1 billion worth of the product imported in the first 10 months of the year, up 64% year-on-year, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
China was the fastest-growing market during the period and a key driver behind the 22% spike in Vietnam’s shrimp exports to US$3.9 billion.
Shrimp exports in October reached US$498 million, the highest...
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