Japan increases shrimp imports from Vietnam

March 10, 2024

Japan has recently increased shrimp imports from Vietnam and became the third-largest buyer of Vietnamese shrimp in the first two months of this year, according to the Vietnam Association of Seafood Exporters and Processors (VASEP). In January, Vietnam’s shrimp exports to Japan reached over US$37 million, surging 30 percent over the same period last year. Meanwhile, shrimp products from India and Ecuador are processed simply and have lower prices than Vietnamese shrimp, the VASEP leader added. Vietnam’s shrimp products, such as battered shrimp, stretched shrimp, fried shrimp, and shrimp for sushi, remain competitive in the Japanese market. Therefore, many Vietnamese shrimp enterprises forecast shrimp exports to Japan to rise further.

The source of this news is from Tuoi Tre News

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