Shrimp exports to fetch over 4 billion USD this year
Overseas shipments of shrimp products are set to earn more than 4 billion USD in 2022, up 2.56 percent on-year, as heard a conference held on March 11.
Soc Trang (VNA) – Overseas shipments of shrimpproducts are set to earn more than 4 billion USD in 2022, up 2.56 percenton-year, as heard a conference held on March 11.
The hybrid conference on shrimp sector development,co-organised by the Ministry of Agriculture and Rural Development and thePeople’s Committee of the Mekong Delta province of Soc Trang, gathered the participation of 28 coastal cities and provincesnationwide.
In his remarks, Deputy Minister of Agriculture and RuralDevelopment Phung Duc Tien requested relevant agencies and localities to identify difficulties and challenges facing the sector for the ministry to takeinto account during its works toward sustainable growth.
Tien himself listed a number of obstacles and shortcomingsincluding COVID-19-induced difficulties, outdated farming and ruralinfrastructure, and environmental pollution.
Participants put forth a series of solutions such as forminglinkages among shrimp farming localities; developing a scenario for brackishwater shrimp production in the context of COVID-19; and increasing the applicationof technological advances.
Per a report of the Vietnam Directorate of Fisheries,despite difficulties from abnormal weather and the pandemic, the sectorproduced 970,000 tonnes of shrimps last year, an annual rise of 4.3 percent.Shrimp export turnover grew 5.4 percent annually to about 3.9 billion USD in 2021,with Soc Trang and Ca Mau contributing over 2 billion USD to the sum.
As planned, in 2022, shrimp farming area will reach 750,000ha for a production of 980,000 tonnes./.
Vietnam’s shrimp export earnings will hit around 3.9 billion USD this year, up 4 percent from 2020, according to Le Hang, Deputy Director of the Vietnam Association of Seafood Exporters and Producers (VASEP)’s Training and Trade Promotion Centre (VASEP.PRO).
Shrimp export value exceeded 3.8 billion USD in 2021, up 3 percent from 2020 and making up around 45 percent of Vietnam’s earnings from the export of fishery products, according to the Vietnam Association of Seafood Exporters and Producers (VASEP).
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At the event (Photo: VNA) 
