Shrimp export prices rise 15% in Q1 2011

The average price of shrimp export also rose to $9.22/kg in the first quarter of this year, up 15% compared with the same period of 2010,

The average price of shrimp export also rose to $9.22/kg in the first quarter of this year, up 15% compared with the same period of 2010, the online newspaper Tienphong reported on March 25, citing the Vietnam Association of Seafood Exporters and Producers (VASEP).

Vietnam’s shrimp export rose to $146.5 million worth of 16,000 tons for the first month of this year, up 47% for value and 27.5% for quantity, contributing 33.7% of total seafood export revenue in January.

The shrimp export to the main markets of Japan, US, EU, Canada and Korea sharply increased in January due to higher demand and higher prices while exports to Asian market slightly fell, VASEP said.

Vietnam currently has 200 shrimp exporters to 58 countries. – Stoxplus.com

Tags: Vietnam shrimp exports

Posted by VBN on Mar 26 2011. Filed under Sea food. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry