Shrimp Export from Vietnam in Q1 2018 – Top Shrimp Exporters in Vietnam
07 September 2018
Vietnam is a major shrimp exporter country in the world. Vietnam exports of shrimp & prawn to the global market worth USD 464 million during the first quarter of the year 2018. Vietnam has great processing potential and the country can raise shrimps and prawns all year round to increase outputs due to favourable weather. Shrimps & prawns are classified under HS Code 0306. The country has more than six thousand hectares of shrimp farming with two main species of black tiger and whiteleg shrimp.
Vietnam is also world’s leading
producer of black tiger shrimp with nearly 100 shrimp processing factories
which generate about 0.5 million tons of products every year. In Q1 2018, the
country recorded drop in shrimp export sales during February and quickly cover
up its exports in next month. Check the Vietnam seafood export statistics of
shrimp & prawn by value during Q1 2018.
Here, we take a look at the highlights of Vietnam shrimp
export report during Jan-Mar 2018.
·
Vietnam shrimp & prawn exports crossed USD
460 million in Q1 2018.
·
Shrimp is exported majorly while prawn exported
in less quantity.
·
Frozen shrimp & prawn recorded highest
export sales in Q1 2018.
·
China and Japan are its top export markets for
shrimp and prawn.
·
Around 400 Vietnamese companies exported shrimp to
1600 global buyers.
·
In Q1 2018, Vietnam recorded 40% of the total
sales in March only.
How to get Vietnam Shrimp Export Data?
Export Genius has released a market research report on
Vietnam shrimp & prawn exports which is analysed on the basis of category,
HS Code, Vietnamese exporters, foreign importers and more data segments. Our
report is beneficial for shrimp traders and helps to analyse the market and
target uncovered regions to expand their business. Here is the sample of Vietnam shrimp export data representing
major data fields that we cover in our report.
Date |
31 March 2018 |
HS Code |
03061722 |
Product Description |
PD white shrimp frozen IQF (size
100/200) # & VN |
Category |
Shrimp |
Quantity |
2000 KGS |
Value |
USD 18000 |
Vietnam Exporter |
Corporation Import Export Seafood
Central |
Foreign Importer |
Marubeni Corporation |
Export Country |
Vietnam |
Import Country |
Japan |
Loading Port |
Tien Sa Port |
Unloading Port |
Osaka-Osaka |
You can easily get the actual shipment records of Vietnam
shrimp export by filling a quick enquiry form our website.
Vietnam Seafood Exports by Category
Vietnam has the world’s largest seafood industry. Our shrimp
export report reveals that the country supplied 80.18% of shrimp and 19.82% of
prawns to the global market. Vietnam is world’s major shrimp producer country
and shrimp has always accounted for the biggest portion in Vietnam’s seafood
export value in recent years. Vietnam shrimp industry has great potential for
growth with 28 coastal regions and cities stretching more than 3200 KMs of
coastline. Here is the category wise analysis of Vietnam seafood exports.
Category |
Value (%) |
Shrimp |
80.18 |
Prawn |
19.82 |
Vietnam exports of
Shrimp & Prawn by HS Code
As per Vietnam shrimp export statistics, most of Vietnam’s
shrimp export value comes from farming and the country mainly focus its
production on white leg and black tiger shrimp. Vietnam exports shrimp and
prawns into various HS Codes, and frozen shrimp & prawns recorded highest
export sales on HS Code 03061721 during Q1 2018. Let’s check the table to know share
values of Vietnam shrimp exports by HS Code in Q1 2018.
HS Code |
Value (%) |
HS Code 03061721 |
24.09 |
HS Code 03061722 |
22.88 |
HS Code 03061719 |
13.67 |
HS Code 03061711 |
13.46 |
HS Code 03061729 |
13.06 |
Shrimp & Prawn Exporters in Vietnam
Vietnam shrimp export report showed that more than 400
companies are selling shrimp and prawns to the various global countries. Our
report consists of trading activities of all the Vietnamese shrimp exporters with their name and address. JSC Minh
Phu Hau Giang Seafood is the largest shrimp supplier in Vietnam which recorded
7.42% export value of the total sales in Q1 2018. Some of the shrimp suppliers
are given below.
·
JSC Minh Phu Hau Giang Seafood
·
JSC Minh Phu Seafood Corporation
·
JSC Processing and Services CA Mau Seafood
·
Corporation Southern Shrimp
·
Corporation Import Export General Vilcom
·
Corporation Soc Trang Seafood
·
Corporation Sao Ta Foods
Top 10 Vietnam’s Export Markets of Shrimp & Prawn
According to Vietnam
export data, the country exports shrimp and prawn to around 90 countries
around the world. China, Japan, South Korea, United States and Netherlands are
top five export markets for Vietnamese shrimp & prawns and together these
five countries recorded two-third value of the total exports till March in 2018.
As per VASEP, Vietnam shrimp exports will increase by 10% over 2017 and cross
USD 4 billion in 2018. Vietnam shrimp exports to China and Japan are on rise
due to high demand, improved product quality and processing methods. Let’s
check the export values to its partners given in the table below.
Country |
Share Value (%) |
China |
22.37 |
Japan |
14.54 |
South Korea |
13.27 |
USA |
8.80 |
Hong Kong |
4.43 |
Foreign Buyers of Vietnamese Shrimp & Prawn
Our report contains both side trading details and also
includes the list of importers purchasing shrimp and prawns from Vietnamese
companies. We provide an opportunity for exporters in Vietnam as they can get
they can get thousands of customers for their products. Shrimp export report
reveals that more than 1600 companies have purchase shrimps and prawns from
Vietnam in the first quarter of 2018. Some of them are given below.
·
Mseafood Corporation
·
Trang Quoc Truong Medicines Joint Stock Company
·
Phong Dong Hung Joint Stock Company
·
Two Dong Hung Trung Quoc Company Ltd
·
Maruha Nichiro Corporation
·
Dong Hung Joint Stock Company
·
Ebisumo Logistics Co Ltd
About VASEP
VASEP stands for Vietnam
Association of Seafood Exporters and Producers, it is a voluntary organization
helping to raise the value & quality of Vietnamese aquatic products and
develop material sources for processing this. As per the association, Vietnam gained
4.7 billion U.S. dollars from exporting seafood in the first seven months of
this year and posting growth of 8.1% by year-on-year. Here, we check the main
activities of the associations:
a)
It builds linkage with farmers and fishermen to
produce raw materials.
b)
It strengthens the development and building of
membership relationships.
c)
It develops international relations through
participation in conferences.
d)
It helps in trade promotion and market
development.
e) It coordinates with relevant government bodies to increase production & export.
Reasons to buy Vietnam Shrimp Export Data
Export Genius is a reliable and trusted source for providing
shipment records of Vietnam shrimp & prawn exports. We deliver authentic
statistics to our clients and provide accurate information about trusted
suppliers in Vietnam to select their best and genuine business companion. In
our data, we cover all ports shipments and data is available on all digit HS
Code level. It is based on shipping & export bills and collected from the country’s
customs and port authorities.
We are also expert in analytical reports which are provided
as per the client’s requirements and analysed on the basis of product
specification such as type, category etc. Apart from Vietnam, we also provide
analytical report of more than countries like India, China, USA, Brazil etc.
To buy our shrimp market research report and data, email at [email protected]