According to the Vietnam Trade Office in Australia, more than 18,000 tons of Vietnamese shrimp which were worth over 167 million USD were sold to Australia in January-August, up 2.1 percent in volume but down 9.2 percent in value compared to the same period last year.
Vietnam has been the biggest provider of shrimp for Australia over the past five years, the Vietnam Trade Office noted.
Vietnam’s shrimp exports to Australia registered the highest growth in March and September 2016 with respective increases of 18.4 percent and 10.4 percent year-on-year. In September alone, Vietnam grossed over 12 million USD in revenues, up 10.4 percent against the same months of 2015.
Australia is the ninth largest shrimp importer in the world, making up about 1.9 percent of global shrimp export revenues. It is also the seventh biggest shrimp consumer of Vietnam, comprising 3.3 percent of the country’s shrimp exports.
