Vietnamese shrimps export price to US at their highest

The price of Vietnamese shrimps exported to the US is the highest compared to other destination markets, according to the Vietnam Association of Seafood Exporters and Processors.

Following statistics, the price of shrimps exported to the US reached US$12 per kilogram in late 2010, up by 20-30 percent compared to the same period in 2009.

This increase was due to the oil spill in the Gulf of Mexico in mid-2010. Shrimp production in the US meets about 10 percent of its domestic consumption, resulting in the increase of Vietnam’s exports to the country over the past 20 years.

Source: VASEP

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