Japan ranks third among importers of Vietnamese shrimp in January-February

March 10, 2024

It accounted for 15.4 percent of Vietnam’s total shrimp exports during this period. The upturn in shrimp exports from Vietnam to Japan contrasts with the 2023 recession, where Vietnamese exporters witnessed a 17-percent drop in volume and a 24-percent decline in the value of shrimp exports to Japan compared to 2022. However, the situation improved in the last month of 2023 before the shrimp exports to Japan recovered vigorously in January 2024. Vietnam's popular shrimp products exported to Japan, including breaded shrimp, stretched shrimp, fried shrimp, and sushi shrimp, continue to uphold their strong competitive advantage in the Japanese market. The U.S. and China are expected to remain the two largest markets for Vietnamese shrimp exports this year, representing about 40-45 percent of the country’s shrimp export value.

The source of this news is from Tuoi Tre News