Vietnam expects value of shrimp exports to the U.S. will hit $3.8 billion this year
SEAFOODNEWS.COM [VNS] - November 17, 2014 -
Vietnam shrimp exports are forecast to reach US$3.8 billion this year, nearly one billion higher than last year on the back of rising exports to the US market, reports the Ministry of Agriculture and Rural Development (MARD).
In the first ten months of the year, Vietnamese shrimp exporters have grossed US$3.25 billion in revenue, up 42.3% over a year earlier.
The US is now the largest importer of Vietnamese shrimp followed by Japan and the EU.
Shrimp exports to the Republic of Korea and Australia are up 84.4% and 32.7%, respectively.
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