Vietnam Black Tiger Production Goes Down, Prices Drop More than Vannamei
Since the second quarter of 2018, Vietnam shrimp export have continuously declined compared with the same period in 2017. In September, Vietnam shrimp exports decreased 14.8% over the same period last year to nearly 332 million USD. Due to the decline in the second quarter and the third quarter of this year, shrimp exports in the first nine months of this year reached $ 2.6 billion, with 4% lower as for the same period in 2017.
As shrimp supply from main producers in the world is still relatively large, the price of shrimp in the world has not increased. Meanwhile, trade barriers and measures to protect the domestic market from major import markets have also affected the shrimp exports...
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