February 26, 2010


Vietnam targets US$600 million worth of vannamei shrimp exports



Vietnam enterprises targets to export 150,000 tonnes of white-legged shrimp (vannamei) valued at US$600 million in 2010, the Vietnam Association of Seafood Exporters and Producers (VASEP) said.


The country's white-legged shrimp is in high demand on the global market thanks to its cheap price. In 2010, Japan is the largest market for Vietnam's shrimp and white-legged shrimp imports accounts 18% of the total volume of shrimp. The US white-legged shrimp imports accounts 28% of the total imports of shrimp.


In the Mekong Delta region, white-legged shrimp is offered at VND60,000-80,000 (US$3.21-4.28) per kg, increased by VND10,000-20,000 (US$0.53-1.07) per kg compared that in January, which will bring shrimp raisers a profit of VND130-150 million (US$6,970-8,042) per hectare.


In 2009, Vietnam exported 50,000 tonnes of white-legged shrimp valued at US$300 million.