In May 2020, Vietnam’s shrimp exports reached 330.2 million USD, up 0.6% compared to May 2019. In the first 5 months, shrimp export is 1.2 billion USD, up by 2.3% YoY. Although it has not increased much, shrimp export results in the first 5 months of this year are encouraging in the context that the covid-19 epidemic continues to occur in major markets. Notably, shrimp exports to the US and China markets recorded positive growth and it is expected that Vietnam’s shrimp exports to these markets will still grow well in the coming months.
In the first five months of this year, whiteleg shrimp accounted for 69.5% of Vietnam’s total shrimp exports, tiger shrimp accounted for 19.2%, the rest were marine shrimp. Total whiteleg shrimp exports increased by 8% in the black tiger shrimp area by 16%. Export of processed white shrimp and live / fresh / frozen white shrimp increased by 13 and 5%, respectively. Other processed black tiger shrimp exports increased by 18% while that of raw / fresh / frozen black tiger shrimp decreased by 19%. Dried sea shrimp exports increased sharply by 109%. During the time of the 19 covid epidemic, the export of whiteleg shrimp was reasonably priced better than black tiger shrimp, the processed shrimp products were consumed more than the fresh / live / frozen products.
Vietnam’s shrimp exports to the US recorded a good growth in May 2020 with 65.8 million USD, up 29.5% compared to May 2019. In the first 5 months of 2020, shrimp exports to the US reached US $ 224.5 million, an increase of 20.4 over the same period in 2019. Despite the covid-19 epidemic, Vietnam’s shrimp exports to the US grew positively continuously in all 5 months. early 2020.
After falling in the first 3 months of the year, Vietnam’s shrimp exports to China recovered again in April and May. Shrimp exports to China in May 2020 reached US $ 60.3 million, up 3.9% compared to the previous year. with May 2019. In the first 5 months, shrimp export to this market reached over 169 million USD, down by 9.5% YoY.