Business

Shrimp exports to Australia soar 100 percent

Shrimp exports to Australia in the first quarter rose to 20 million USD, or double the value achieved in the same period last year, according to the Vietnam Association of Seafood Exporters and Producers.
Shrimp exports to Australia in the first quarter rose to 20 millionUSD, or double the value achieved in the same period last year,according to the Vietnam Association of Seafood Exporters and Producers.

Following a slow start in January, exports surged in thenext two months, making Australia the sixth largest importer of shrimpfrom Viet Nam .

Most of the exports were processed products.

Last year, processed shrimp products accounted for 82.6 percent oftotal shrimp exports to Australia , with sugpo prawn accounting foralmost two-thirds of that.

Figures from the InternationalTrade Centre show that Vietnam has been the largest supplier ofprocessed shrimp products to Australia in the last four years.

Vietnam exported 436 million USD worth of the crustacean in the first quarter./.
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