Total shrimp exports of Vietnam in the first nine months reached US$2.6 billion, down 4% compared with the same period last year after a downward trend that began in the second quarter, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
Specifically in July, exports fell 20.3% from the same period last year. In August they declined nearly 14%, and in September, the decline continued, at 14.8% to nearly US$332 million.
Whiteleg shrimp took the main share of Vietnam's shrimp export products, accounting for 68.4% during the nine-month period, followed by black tiger shrimp with 23.1% and marine shrimp with 8.5%.
In the first nine months, the value of processed whiteleg shrimp exports increased 1%, while that of black tiger shrimp fell 7% and that of marine shrimp also fell 28% compared with the same period last year.
The EU is Vietnam's largest shrimp importer, accounting for 24.7% of Vietnam's total shrimp exports to markets. Vietnamese shrimp exports to this market reached $648.4 million in the first nine months, up 11% over the same period in 2017.