Vietnam was estimated to have earned $1.03 billion worth of shrimp export in the first half of this year, up 1.5% on year, the Association of Seafood Exporters and Producers (VASEP) said.
However, the shrimp exports into the US is seen to hardly increase in the second half of this year due to recent preliminary decision on anti-subsidy duties on frozen shrimp imported from seven countries, including Viet Nam of the US Department of Commerce’s (DOC), VASEP added.
The final decision would be issued in mid-August, according to VASEP, saying that it was possible Vietnamese shrimp would be hit by two taxes on the US market: anti-subsidy duty and anti-dumping duty, the local newswire www.VOV.vn reported.
Shrimp into Japan will be stable in the last 2 quarters of 2013 but will not record the sharp increase and shrimp export to the EU block would be gloomy in the second half of this year due to region’s economy recession.
In 2012, Viet Nam exported $2.25 billion worth of shrimp, down 6.3% from 2011.
In 2013, the country expects to ship $2.4 billion worth of shrimp, up 6.5% on year.
