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Vietnamese shrimp exports increase in volume |
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Wednesday, 13 January 2010 16:50 |
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Vietnamese exports of shrimp were dominated by black tiger which accounted for more than 75% of the total export value of USD1.5bn (EUR1.03bn) in 2009. Total exports increased by 0.73% in value while volumes increased by 7.4% in comparison to the same period (January to November) last year. Japan, the US, South Korea, Taiwan and Germany represent the biggest export markets for Vietnamese shrimp. The US is the biggest market for white shrimp exports accounting for 28% of the total export volume of the species, while exports to Japan have also increased reaching 18% in volume terms. In the EU Germany is the biggest shrimp importing nation consuming thirty percent of the total shrimp export value to 10 EU countries. Viet Nam today has more than 300 shrimp exporters and over 120 export for more than USD1m a year. Over this period exports to South Korea, China, and Australia have increased significantly reaching a fifth of the total shrimp export value.
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